Circuit Fabology Microelectronics Equipment Co.,Ltd. announced a private placement of up to 36,240,000 A shares for gross proceeds not exceeding CNY 825,285,700 on September 1, 2022. The shares shall not be transferred within 6 months from the issuance closing date. The transaction will include participation from not more than 35 investors.

The transaction has been approved in the 19th Meeting of the 1st Directorate and the 14th Meeting of the 1st Supervisory Board. The transaction is subject to approval from the companyÆs shareholders, the Shanghai Stock Exchange, and the China Securities Regulatory Commission.