Wuxi DK Electronic Materials Co Ltd. announced a private placement to issue 7,000,000 A shares for the gross proceeds of up to CNY 264,500,000 on March 29, 2024. The transaction has been approved in the 28th meeting of the 2nd board of directors and still needs to obtain the approval of the Shenzhen Stock Exchange and China Securities Regulatory Commission. The shares are restricted to a hold period.