Wanan Technology's private placement registration approved by the China Securities Regulatory Commission

Zhejiang Wanan Science & Technology Co., Ltd. has obtained the approval of the China Securities Regulatory Commission for the issuance of shares to specific objects, and plans to be listed on the main board of the Shenzhen Stock Exchange. The total amount of funds raised will not exceed 730 million yuan, which will be used to invest in the new annual production of 500,000 sets of aluminum alloy fixed calipers, the new energy vehicle chassis aluminum alloy lightweight construction project, and to supplement working capital.