Jiangnan New Materials announced that the company's plan to issue A-shares to specific targets in 2026 has been reviewed and approved by the board of directors. The target of this issuance is no more than 35 specific investors. The issue price is not lower than 80% of the average trading price of the company's stock in the 20 trading days before the pricing benchmark date, and the number issued does not exceed 30% of the total share capital before issuance. The total capital raised is no more than 1.6 billion yuan. After deducting the issuance fee, it is intended to be used for high-purity electronic-grade copper oxide powder construction projects and liquid cooling modules and accessories construction projects. The offering is subject to review and approval by the shareholders' meeting, approval by the Shanghai Stock Exchange, and the approval of the China Securities Regulatory Commission for registration.

Jiangnan New Materials announced that the company's plan to issue A-shares to specific targets in 2026 has been reviewed and approved by the board of directors. The target of this issuance is no more than 35 specific investors. The issue price is not lower than 80% of the average trading price of the company's stock in the 20 trading days before the pricing benchmark date, and the number issued does not exceed 30% of the total share capital before issuance. The total capital raised is no more than 1.6 billion yuan. After deducting the issuance fee, it is intended to be used for high-purity electronic-grade copper oxide powder construction projects and liquid cooling modules and accessories construction projects. The offering is subject to review and approval by the shareholders' meeting, approval by the Shanghai Stock Exchange, and the approval of the China Securities Regulatory Commission for registration.