Xiamen Delmei Sanitary Ware Co., Ltd announced that it has entered into agreement for the private placement of 493,913 common shares at a price of CNY 35.633806 for gross proceeds of CNY 17,600,000 on November 2, 2022. The transaction will include participation from GoldenHome Living Co., Ltd. After this capital increase, the company will hold 8% of the equity of the company.