Suninfinit Agriculture Group Co., Ltd. announced a placement of common shares for gross proceeds of CNY 200,000,000 on April 27, 2023. The transaction will include participation from returning investor, Shenzhen Noposion Agrochemicals Co.,Ltd. The transaction has been approved in the 16th meeting of Shenzhen Noposion Agrochemicals Co.,Ltd's 6th directorate, and is subject to the shareholders? approval.

The company's registered capital will increase from CNY 800,000,000 to CNY 1,000,000,000 through the transaction.