Zhejiang Xiantong announced that it plans to issue A-shares to no more than 35 specific targets, including Taizhou Wucheng, the controlling shareholder. The total amount raised will not exceed 1.05 billion yuan. The net capital raised after deducting issuance fees will be used for intelligent manufacturing projects for automotive frameless seals, R&D center upgrade construction projects, and supplementary working capital. The number of shares issued this time was no more than 81.26,000 shares, and the issue price was not lower than 80% of the company's average stock trading price in the 20 trading days before the pricing benchmark date, and not lower than the company's net assets per share audited at the end of the most recent period before issuance. Shares subscribed by Taizhou Wucheng cannot be transferred within 18 months from the date the issuance ends, and shares subscribed to by other issuers are not transferable for six months from the date the issuance ends.

Zhejiang Xiantong announced that it plans to issue A-shares to no more than 35 specific targets, including Taizhou Wucheng, the controlling shareholder. The total amount raised will not exceed 1.05 billion yuan. The net capital raised after deducting issuance fees will be used for intelligent manufacturing projects for automotive frameless seals, R&D center upgrade construction projects, and supplementary working capital. The number of shares issued this time was no more than 81.26,000 shares, and the issue price was not lower than 80% of the company's average stock trading price in the 20 trading days before the pricing benchmark date, and not lower than the company's net assets per share audited at the end of the most recent period before issuance. Shares subscribed by Taizhou Wucheng cannot be transferred within 18 months from the date the issuance ends, and shares subscribed to by other issuers are not transferable for six months from the date the issuance ends.