Shenzhen Hymson Laser Intelligent Equipments Co., Ltd. announced a private placement of not more than 60,517,950 A shares for gross proceeds of not more than CNY 2,000,000,000 on September 21, 2022. The transaction will include participation from no more than 35 investors. The shares subscribed must not be transferred within 6 months after the issuance completion date.

The transaction has been approved at the seventeenth meeting of the second board of directors of the company. The transaction still needs to be approved by the company's general meeting of shareholders, the Shanghai Stock Exchange and the China Securities Regulatory Commission.