Shandong Morningsun plans to place 25.6784 million new H shares for subscription.

Shandong Molong Announcement: The company held a board meeting on July 21, 2026, and approved the "Proposal for the company to issue H shares under general authorization." The company signed a "Placement Agreement" with the placement agent, planning to issue 25.6784 million new H shares at a placement price of HK$4.58 per share. The total amount of funds expected to be raised from the placement is approximately HK$1.18 billion, with a net amount of approximately HK$1.16 billion. The company plans to use the funds raised to repay outstanding loans and for operating funds.