Ulanqab Nata Microelectronics Materials Co., Ltd. announced that it expects to receive CNY 298 million in funding from Jiangsu Nata Opto-electronic Material Co., Ltd., Shanghai Aotelei Trading Co., Ltd, Tianjin Nansheng No. 5 Enterprise Management Partnership (Limited Partnership), Tianjin Nansheng No. 4 Enterprise Management Partnership (Limited Partnership), Tianjin Nansheng No. 3 Enterprise Management Partnership (Limited Partnership)

Ulanqab Nata Microelectronics Materials Co., Ltd announced private placement of common shares for gross proceeds of CNY 298,000,000 on August 16, 2021. The transaction will include participation from returning investor Jiangsu Nata Opto-electronic Material Co., Ltd for CNY 208,000,000, new investors, Shanghai Aotelei Trading Co., Ltd for CNY 5,000,000 for 1.67% stake, Tianjin Nansheng No. 3 Enterprise Management Partnership (Limited Partnership) for CNY 46,500,000 for 15.50% stake, Tianjin Nansheng No.

4 Enterprise Management Partnership (Limited Partnership) for CNY 8,500,000 for 2.83% stake and Tianjin Nansheng No. 5 Enterprise Management Partnership (Limited Partnership) for CNY 30,000,000 for 10% stake in the company. The transaction has been approved in fifth and eighth meeting of the eighth board of directors of JiangsuNataOpto-electronic Material Co., Ltd. The transaction is subject to approval from shareholders of the company.