On August 17, the China Securities Regulatory Commission (hereinafter referred to as “China Securities Regulatory Commission”) issued a review of the non-public offering of shares of Lianchuang Electronic Technology Co., Ltd. (hereinafter referred to as “Company”) The application is reviewed. According to the review results, the company's application for this non-public issuance of stocks has been reviewed and approved.

　　The total amount of the company’s non-public issuance of stocks (including issuance costs) does not exceed 2200 million yuan, all of which are non-public issuance to specific targets, and the Object issuance. This issuance is targeted to no more than 35 specific objects that meet the requirements of the China Securities Regulatory Commission, including securities investment fund management companies, securities companies, trust companies, financial companies, insurance institutional investors, qualified foreign institutional investors, and other compliance with laws and regulations Legal persons, natural persons or other institutional investors, etc. as required.

　　 The funds raised by the company’s non-public offering of shares will be used to invest in the industrialization project with an annual output of 260 million high-end mobile phone lenses and an annual output of 24 million smart car optical lenses and 6 million image modules. Help increase the company's production capacity of mobile phone lenses, car lenses and imaging modules, match downstream customer needs, consolidate industry positions, and improve market competitiveness and profitability. At the same time, by supplementing working capital with the funds raised this time, the financial structure can be optimized to better meet the daily capital turnover needs of the company's production and operations, improve risk resistance and enhance capital strength.