Rianlon Corporation announced that it has received CNY 416.999967 million in funding from Huatai Securities Asset Management Co., Ltd., Tianjin Haihe Rongchuang Tianjin-Beijing-Hebei Intelligent Industry Fund Partnership Enterprise, Guotai Junan Securities Co., Ltd., Guangdong Tianchuang Private Securities Investment Fund Management Co., Ltd., Nuode Asset Management Co., Ltd.

On May 30, 2022, Rianlon Corporation closed the transaction. The company issued 9,573,002 shares at an issue price of CNY 43.56 per share for gross proceeds of CNY CNY 416,999,967.12. The transaction included participation from Huatai Securities (Shanghai) Asset Management Co., Ltd. for CNY 26,999,969.04, Tianjin Haihe Rongchuang Tianjin-Beijing-Hebei Intelligent Industry Fund Partnership Enterprise for CNY 99,999,995.04, Shenzhen Dachen Caizhi Venture Capital Management Co., Ltd.—Shenzhen Chenxin No.

1 Private Equity Investment Fund Enterprise (Limited Partnership) for CNY 49,999,997.52, Guotai Junan Securities Co., Ltd. for CNY 24,999,998.76, Guangdong Tianchuang Private Securities Investment Fund Management Co., Ltd. for CNY 73,999,989.36, Jiangyin Yida High-tech Equity Investment Partnership Enterprise (Limited Partnership) for CNY 99,999,995.04 and Nuode Asset Management Co., Ltd. for CNY 41,000,022.36. The company has received net proceeds of CNY 399,452,797.31.