Triumph Information Display Materials (Chizhou) Co., Ltd. announced a placement of common shares for gross proceeds of CNY 50 million on November 18, 2022. The transaction will include participation from returning investor, Triumph Science & Technology Co.,Ltd. After the capital increase, the company's registered capital will increase from CNY 50 million to CNY 100 million. The transaction has been approved at the 15th session of the 8th directorate of Triumph Science & Technology Co.,Ltd.