DIMA HOLDINGS Co. ,Ltd. announced a private placemen of not more than 747,451,885 shares at an issue price of not lower than 80% of the average trading price of the company's stocks in the 20 trading days before the pricing base date for the gross proceeds of CNY 1,800,000,000 on January 17, 2023. The transaction will include participation from no more than 35 specific investors.

The transaction has been approved in the eighth meeting of the eighth board of directors and is subject to the company's general meeting of shareholders and China Securities Regulatory Commission.