Jin Yin He: Plans to raise no more than RMB 1.5 billion through a targeted issuance to specific investors.

Jin Yinhe announced that the company plans to issue A-shares to no more than 35 specific targets that meet the conditions stipulated by the China Securities Regulatory Commission, with the number of shares to be issued not exceeding 67.8599 million shares, accounting for 30.00% of the 226.1996 million total shares before this issuance. The total amount of funds raised shall not exceed 1.5 billion yuan, and after deducting issuance expenses, all of it will be used for the industrialization project of high-end intelligent equipment for sodium-ion batteries, consumer lithium batteries, solid-liquid batteries, and new-type energy storage batteries, the research and construction project of high-end intelligent equipment for dry-process electrodes and solid-state batteries, the construction project of silicon-based materials and polymer materials, the research and construction project of high-end intelligent equipment for silicone supercritical physical foaming and metal rubidium-cesium vacuum thermal reduction, and to supplement working capital.