Cangzhou Pearl announced that the company held the 17th meeting of the 9th board of directors on July 15, 2026 to review and pass the “Proposal on Adjusting the Stock Issuance Plan to Specific Targets”. According to relevant laws and regulations, the board of directors of the company adjusted the total amount of capital raised by issuing shares to specific targets from no more than RMB 1.4 billion to no more than RMB 600 million, taking into account factors such as the actual situation, project implementation arrangements and market conditions. At the same time, the sales limit period for shares subscribed by the issuer was adjusted from not transferable within 18 months from the end of the issuance to not transferable within 36 months. The net amount of capital raised after deducting the relevant issuance fees will be used to supplement working capital.

Cangzhou Pearl announced that the company held the 17th meeting of the 9th board of directors on July 15, 2026 to review and pass the “Proposal on Adjusting the Stock Issuance Plan to Specific Targets”. According to relevant laws and regulations, the board of directors of the company adjusted the total amount of capital raised by issuing shares to specific targets from no more than RMB 1.4 billion to no more than RMB 600 million, taking into account factors such as the actual situation, project implementation arrangements and market conditions. At the same time, the sales limit period for shares subscribed by the issuer was adjusted from not transferable within 18 months from the end of the issuance to not transferable within 36 months. The net amount of capital raised after deducting the relevant issuance fees will be used to supplement working capital.