Cangzhou Mingzhu: The total amount of funds raised by issuing shares to specific objects is adjusted to not exceed 600 million yuan.
Cangzhou Mingzhu Announcement: The company held the 17th meeting of the ninth board of directors on July 15, 2026, and approved the "Proposal on Adjusting the Plan for Issuing Shares to Specific Objects". According to relevant laws and regulations, considering the actual situation, project implementation arrangements, and market conditions, the total amount of funds to be raised by issuing shares to specific objects in this issuance is adjusted from no more than 1.4 billion yuan to no more than 600 million yuan. At the same time, the lock-up period for the subscribed shares by the issuance objects is adjusted from not being transferable within eighteen months from the end of the issuance to not being transferable within thirty-six months. The net proceeds from the fundraising, after deducting relevant issuance expenses, will be used entirely to supplement working capital.
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