CHIPPACKING announced that its 2026 simplified procedure private placement of A-shares to specific objects has passed the review of the Shanghai Stock Exchange and received registration approval from the China Securities Regulatory Commission (CSRC). The issue price was RMB 37.79 per share, with 2.9108 million shares issued, raising a total of RMB 110 million. After deducting issuance expenses, the net proceeds amounted to approximately RMB 107 million, with eight specific investors finally determined. The subscription funds have been fully paid, capital verification has been completed, and the issuance process and compliance of the subscribers meet relevant regulations.
