Shuanglin Corporation: plans to issue A shares for targeted fundraising of up to RMB 1.5 billion.

Shuanglin Co., Ltd. announced that it plans to issue A shares to specific targets in the year 2025, with a total fundraising amount not exceeding 1.5 billion RMB. After deducting issuance expenses, the net fundraising amount will be invested in the industrialization project of rolling ball screws and joint modules, the expansion project of high-precision CNC grinding machines, the construction project of a forward-looking technology research and application center, and supplementary working capital. The number of shares issued this time will not exceed 30% of the total share capital of the company before the issuance. The issuance targets will not exceed 35 specific investors such as qualified securities investment fund management companies and securities companies. The final issuance price will be determined based on the bidding results, and the shares subscribed by the issuance targets shall not be transferred within six months from the date of issuance.