Shenzhen United Winners Laser Co., Ltd. announced a private placement of 36,330,275 common shares at a price of CNY 27.25 per share for gross proceeds of CNY 989,999,993.75 on April 13, 2024. The transaction will include participation from not more than 35 investors. The company incurred issue expenses as underwriting and sponsorship fee of CNY 14,355,000; and accounting fee, legal fee, stamp duty and other fees of CNY 2,719,200.

The transaction has been approved by the board of directors of the company, the Shenzhen Stock Exchange, and the China Securities Regulatory Commission.