Yunnan Nuodeng Jintui Food Technology Co., Ltd. announced a private placement of common shares for gross proceeds of CNY 18,737,500 on December 15, 2022. The transaction will include participation from returning investor Yunnan Bowin Technology Industry Co.,Ltd. Post closing, the registered capital of the company will increase from CNY 10,000,000 to CNY 20,408,200. The transaction has been approved at the 11th session of 11th directorate of Yunnan Bowin Technology Industry Co.,Ltd.