Hengkun New Materials announced that the company made an initial public offering of 673979.4 million shares, with an issue price of 14.99 yuan per share, raising a total capital of 1,010 billion yuan, with a net amount of 892 million yuan. Since the actual net amount of capital raised is lower than the proposed investment amount for the fund-raising project disclosed in the prospectus, the company plans to adjust the proposed investment amount for the fund-raising project. The “Integrated Circuit Precursor Phase II Project” remains unchanged, and the “Advanced Materials Project for Integrated Circuits” was adjusted to 492 million yuan, totaling 892 million yuan. The shortfall will be covered by the company with its own or self-funded funds. The adjustments have been reviewed by the Board of Directors and Supervisors, and there is no objection from the sponsor.

Hengkun New Materials announced that the company made an initial public offering of 673979.4 million shares, with an issue price of 14.99 yuan per share, raising a total capital of 1,010 billion yuan, with a net amount of 892 million yuan. Since the actual net amount of capital raised is lower than the proposed investment amount for the fund-raising project disclosed in the prospectus, the company plans to adjust the proposed investment amount for the fund-raising project. The “Integrated Circuit Precursor Phase II Project” remains unchanged, and the “Advanced Materials Project for Integrated Circuits” was adjusted to 492 million yuan, totaling 892 million yuan. The shortfall will be covered by the company with its own or self-funded funds. The adjustments have been reviewed by the Board of Directors and Supervisors, and there is no objection from the sponsor.