Luxshare Precision Industry Co., Ltd. announced a private placement of non-public A shares not more than 2,123,110,448 shares with a par value of CNY 1 per share for gross proceeds of not more than CNY 13,500,000,000 on February 21, 2022. The non-public offering of shares should not be more than 35 special investors (including), all subscribers in cash. This issuance will not lead to changes in the company's control.

The pricing base date of this non-public offering is the first day of the issue period, and the issue price is not less than 80% of the average price of the company's stocks 20 trading days before the first day of the issue period. The lock-up period is 6 months. The transaction has been approved in the 7th meeting of the 5th directorate of the company.

The resolution of this issuance is valid for 12 months. The transaction is subject to the approval of the company's shareholders meeting, and the China Securities Regulatory Commission.