Shunbo Alloy: Issuing A-shares to specific objects or diluting immediate returns, intended response measures.

Shunbo Alloy announced that it intends to issue up to 63 million shares to specific objects, accounting for 9.41% of the total share capital, raising funds of no more than 369 million yuan. After the issuance, the total share capital and net assets will increase, but the benefits of the investment projects will take time to generate, and short-term earnings per share and return on net assets may be diluted. The funds raised will be used for the annual production of 630,000 tons of aluminum alloy billets and the annual production of 500,000 tons of aluminum plates and strips projects. The company plans to take measures to reduce risks such as consolidating business and strengthening financial management, and controlling shareholders, actual controllers, and directors and supervisors have also made relevant commitments.