Harbin Jiuzhou Photovoltaic Power Generation Co., Ltd. announced a placement of common shares for gross proceeds of CNY 18,000,000 on August 25, 2023. The transaction will include participation from returning investor, Harbin Jiuzhou Group Co.,Ltd. The transaction has been approved in the 4th meeting of Harbin Jiuzhou Group Co.,Ltd.'s 8th directorate. Through the transaction, the company's registered capital will increase from CNY 2,000,000 to CNY 20,000,000.