Jiangsu HHCK Advanced Materials Co.,Ltd announced a private placement to issue A shares on November 26, 2024. The shares of the listed company subscribed by the other investors, not exceeding 35 specific investors, in this issuance of shares to raise package funds shall not be transferred within 6 months from the completion of the issuance. The transaction has been approved in 20th meeting of the third board of directors of the listed company, received principled approval from the actual controller of the listed company and its persons acting in concert, still needs to convene the board of directors again to review and approve the relevant proposals of the formal transaction plan, the formal transaction plan still needs to be reviewed and approved by the internal decision-making body of the counterparties, These transactions still require approval by the shareholders' meeting of the listed company and These transactions still require approval by the Shanghai Stock Exchange and registration with the China Securities Regulatory Commission.