Senba Sensing Technology Co.,Ltd. announced that it will issue A shares for the gross proceeds of not more than CNY 105.93 million on May 22, 2023. The transaction will include participation from not more than 35 investors. The issue price will not be less than 80% of the average trading price during the 20 trading days prior to the pricing base date.

The shares subscribed in the transaction must not be transferred within 6 months after issuance.