Lianhe Chemical Technology (Dezhou) Co., Ltd. announced that it will issue common shares for gross proceeds of CNY 500,000,000 on May 30, 2023. The transaction will include participation from returning investor, Lianhe Chemical Technology Co.,Ltd. The transaction has been approved in the company's directorate meeting. The company's registered capital will increase from CNY 1,028,880,000 to CNY 1,528,880,000.