Baibang Technology: Intends to issue shares to specific entities to raise funds of no more than 295 million yuan.

Bai Bang Technology Announcement, in 2026, it plans to issue stocks to specific object Star Moon Business, with a total issuance quantity not exceeding 17.65 million shares, at an issuance price of 16.71 yuan/share, raising a total amount of funds not exceeding 295 million yuan. The net amount after deducting issuance expenses will be used entirely to supplement working capital. This issuance constitutes a related-party transaction, and the shares subscribed by the issuance object cannot be transferred within 18 months from the end of the issuance.