Bengbu Deli Solar Materials Co., Ltd announced a private placement of common shares for proceeds of CNY 60 million on October 27, 2023. The transaction will include participation from returning investor Anhui Deli Household Glass Co., Ltd. After the completion of the transaction, the registered capital of the company will increase from CNY 200 million to CNY 260 million. The transaction got approved by the 20th session of the 4th directorate of Anhui Deli Household Glass Co., Ltd.