Loctek Ergonomic Technology Corp. announced a private placement of common shares for gross proceeds of CNY 300,000,000 on May 6, 2022. The transaction will include participation from no more than 35 (inclusive) specific investors who meet the conditions stipulated by the CSRC.

The pricing base date of this issuance is the first day of the issuance period of the company's offering of shares, and the issue price shall not be lower than 80%. The number of shares to be issued this time shall not exceed 30 million shares (including this number), and shall not exceed 30% of the company's total share capital before this issuance. The transaction has been approved in the 2021 annual general meeting of shareholders and the fourth meeting of the fifth board of directors.