Southern Precision: Intends to adjust the plan to issue A-shares to specific targets, raising a total of no more than 202 million yuan.

Nanfang Precision Machinery Co., Ltd. announcement: In order to facilitate the smooth progress of issuing A shares to specific objects, and in accordance with the actual situation of the company, the company plans to adjust the amount of funds to be raised in this issuance. After the adjustment, the total number of shares issued in this issuance shall not exceed 30% of the total share capital of the company before the issuance, and the total amount of funds to be raised shall not exceed 202 million yuan. The funds raised will be used for the construction projects of precision braking, transmission parts production line, and precision industrial bearing production line. This issuance still needs to be approved by the Shenzhen Stock Exchange and registered by the China Securities Regulatory Commission before implementation.