Shenzhen Stock Exchange:
The China Securities Regulatory Commission (hereinafter referred to as the "CSRC") issued the "Approval Regarding the Registration of Shenzhen Loongson Electronics Co., Ltd.'s Private Placement of Shares" (Securities Regulatory Permit (2026) No. 1387), approving Shenzhen Loongson Electronics Co., Ltd.'s (hereinafter referred to as "Loongson," "the Issuer," or "the Company") application for registration of its private placement of shares.
CITIC Securities Co., Ltd. (hereinafter referred to as "CITIC Securities," "the Sponsor," or "the Lead Underwriter"), the sponsor and lead underwriter for Loongson's private placement of shares (hereinafter referred to as "this Offering"), has investigated the compliance of the Issuer's offering process and the qualifications of the subscribers. It is concluded that Loongson's offering process and subscribers comply with the requirements of the "Company Law of the People's Republic of China" (hereinafter referred to as the "Company Law"), the "Securities Law of the People's Republic of China" (hereinafter referred to as the "Securities Law"), the "Shenzhen Stock Exchange GEM Stock Listing Rules" (hereinafter referred to as the "Listing Rules"), the "Administrative Measures for Securities Issuance and Underwriting," the "Administrative Measures for Securities Issuance Registration of Listed Companies" (hereinafter referred to as the "Registration Measures"), the "Implementation Rules for Securities Issuance and Underwriting Business of Shenzhen Stock Exchange" (hereinafter referred to as the "Implementation Rules"), and other relevant laws, regulations, and rules, as well as the resolutions of Loongson's board of directors and shareholders' meeting regarding this Offering. This is in the best interests of Loongson and all its shareholders. The relevant situation is reported as follows:
I. Basic情况 of This Offering
(I) Type and Par Value of Shares Offered
The shares offered in this Offering are domestic listed RMB ordinary shares (A shares), with a par value of RMB 1.00 per share.
(II) Number of Shares Offered
According to the Issuer's "Prospectus for Shenzhen Loongson Electronics Co., Ltd.'s Private Placement of A Shares in 2025," the number of shares offered in this private placement is calculated by dividing the total amount of funds to be raised by the final offering price, and shall not exceed 30% of the Company's total share capital before this Offering.
According to the Issuer's "Issuance Plan for Shenzhen Loongson Electronics Co., Ltd.'s Private Placement of Shares on the GEM Board" (hereinafter referred to as the "Issuance Plan"), the number of shares offered in this private placement shall not exceed 8,169,573 shares, which is no more than 30% of the Company's total share capital before this Offering.
According to the subscription quotations from the offering participants, the actual number of shares issued in this private placement is 6,607,142 shares, and the total amount of funds raised is RMB 3,699,999,520.00. All shares are issued through a private placement to specific targets. This number does not exceed the maximum issuance quantity approved by the Company's board of directors and shareholders' meeting and registered with the CSRC. It also does not exceed the planned issuance quantity of 8,169,573 shares reported to the Shenzhen Stock Exchange in the "Issuance Plan." This number exceeds 70% of the planned issuance quantity.