Jiujiang Sunshine Circuits Technology Co., Ltd. announced a private placement of common shares for gross proceeds of CNY 542,700,000 on April 20, 2021. The transaction will involve participation from existing investor, Sunshine Global Circuits Co.,Ltd. (SZSE:300739). After the capital increase, the investor will retain its 100% stake in the company. Post-closing of the transaction, the registered capital of the company will increase from CNY 720,000,000 to CNY 12,627,000,000. The transaction has been approved at the 29th meeting of the second board of directors and the 23rd meeting of the second board of supervisors.