Huashen Technology: Intends to issue up to 143 million shares of stock to Yuanhong Biotech. (Note: Translation may vary slightly depending on the context.)

Hua Shen Technology announced that the company plans to issue up to 143 million shares to Yuanhong Biotechnology, with the maximum number of issued shares not exceeding 30% of the total share capital. The offering price for this issuance is 3.15 yuan per share, which is no less than 80% of the average stock trading price in the 20 trading days prior to the pricing benchmark date. The total amount of funds to be raised is not more than 450 million yuan, which will be used for supplementing working capital and repaying loans after deducting issuance costs. This issuance still needs to be approved by the company's shareholders' meeting and reviewed by the Shenzhen Stock Exchange and approved by the China Securities Regulatory Commission.