Siglent Technologies CO., Ltd. announced a private placement to issue A shares for the gross proceeds of not more than CNY 300,000,000 on April 25, 2023. The transaction will include participation from not more than 35 investors The number of shares issued this time shall be determined by dividing the total amount of funds raised by the issue price, and shall not exceed 30% of the company's total share capital before the issuance. The issued stocks subscribed by the issuing target shall not be transferred within six months and the issued stocks subscribed by the relevant issuance targets shall not be issued within 18 months from the date of the completion of the current issuance.

The transaction has been approved in the fourth meeting of the second session of the board of directors and is subject to approval from general shareholders.