Xinjiang Easter Hoshine Silicon Industry Co., Ltd. announced that it will raise CNY 5,500,000,000 in an equity financing on August 28, 2023. The transaction will include participation from returning investor, Hoshine Silicon Industry Co., Ltd. The transaction has been approved in the 20th meeting of the company?s 3rd directorate. The company's registered capital will increase from CNY 1,250,000,000 to CNY 6,750,000,000.