Shandong Link Science and Technology Co.,Ltd. announced a private placement of A shares not exceeding 30% of the total share capital before issuance at an issue price of not less than 80% of the average trading price of the company?s stock in the 20 trading days before the pricing benchmark date for the gross proceeds of CNY 300,000,000 on March 7, 2024. The transaction will include participation from not exceeding 35 investors. The transaction has been approved in the 26th Meeting of the 2nd Board of Directors.

The shares are restricted to a hold period of 6 months.