Shenzhen Everwin Precision Technology Co., Ltd. announced a private placement of A shares for the gross proceeds of not more than CNY 2,200,000,000 on March 14, 2023. The issue price of this issuance shall not be lower than 80% of the average trading price of the company's A shares in the 20 trading days prior to the pricing base date. The number of shares issued this time is determined by dividing the total amount of funds raised by the issue price, and shall not exceed 30% of the company's total share capital before this issuance.

The investor of this issuance are no more than 35. The shares subscribed by the investor of this issuance shall not be transferred within six months from the date of completion of the issuance. The transaction has been approved by the shareholder's of the company in the 31st meeting of the fifth board of directors and the 24th meeting of the fifth board of supervisors and it still needs to be submitted to the general meeting of shareholders for consideration.

This issuance must be approved by the Shenzhen Stock Exchange and approved by the China Securities Regulatory Commission for registration.