Hunan Pacific Union Precision Manufacturing Co., Ltd. announced a private placement for gross proceeds of CNY 90 million from returning investor Shenzhen Pacific Union Precision Manufacturing Co., Ltd. on January 21, 2022. Post the closing, the registered capital will increase from CNY 10 million to CNY 100 million. The transaction has been approved in the thirteenth meeting of the first board of directors and the seventh meeting of the first board of supervisors.