Shenyang Blue Silver Industry Automatic Equipment Co.,Ltd. (SZSE:300293) announced a private placement of no more than 81,000,000 A shares for gross proceeds of not more than CNY 240,000,000 on October 20, 2020. The transaction will include participation from not more than 35 specific investors. The shares subscribed for by this non-public issuance shall not be listed for trading within six months from the end of this non-public issuance. The transaction will be valid for 12 months from the date of approval by the company's shareholders' meeting. The transaction was approved at the 33rd session of the 3rd directorate of the company. The transaction is subject to approval from the shareholder's of the company, Shenzhen Stock Exchange and the China Securities Regulatory Commission.