Cree Technology announced that the company plans to issue shares to specific targets, with no more than 35 recipients, and raised no more than 752 million yuan in total capital, of which 632 million yuan will be used for ultra-high precision parts base construction and related equipment expansion projects, and 120 million yuan will be used to supplement working capital. Matters related to this issuance have been reviewed and approved by the 7th meeting of the 5th board of directors. They are still subject to review by the shareholders' meeting, review by the Shenzhen Stock Exchange, and the approval of the China Securities Regulatory Commission for registration.

Cree Technology announced that the company plans to issue shares to specific targets, with no more than 35 recipients, and raised no more than 752 million yuan in total capital, of which 632 million yuan will be used for ultra-high precision parts base construction and related equipment expansion projects, and 120 million yuan will be used to supplement working capital. Matters related to this issuance have been reviewed and approved by the 7th meeting of the 5th board of directors. They are still subject to review by the shareholders' meeting, review by the Shenzhen Stock Exchange, and the approval of the China Securities Regulatory Commission for registration.