Shanghai Silicon Industry: Issuance of shares to raise supplementary funds of 2.079 billion yuan and sign supervision agreement.

The Announcement of HuGu Silicon Industry stated that the company's application to issue shares to raise funds up to 2.105 billion yuan has been approved. This issuance consists of 110 million shares at a price of 19.06 yuan per share, with a total fundraising amount of 2.105 billion yuan and a net amount of 2.079 billion yuan after deducting expenses. The company has opened a special account at the Shanghai Hualing Branch of China Merchants Bank. Recently, it has signed a "Three-party Custody Agreement for Fundraising Special Account Storage" with the financial advisor China International Capital Corporation and the bank. As of December 15, 2025, the balance in the special account is 0 yuan. The agreement clearly defines the rights, obligations, and default responsibilities of all parties.