Fu Long Ma: plans to issue shares to specific investors to raise funds of no more than 1.05 billion yuan.

Fulongma Announcement: The company plans to issue shares to specific objects to raise funds not exceeding 1.005 billion yuan, with the funds raised (deducting issuance expenses) to be used for the construction projects of the intelligent environmental sanitation operation comprehensive service platform and the unmanned sanitary equipment research and development center. The number of shares issued this time will not exceed 125 million shares, and the issue price will not be lower than 80% of the average trading price of the company's stock in the 20 trading days before the pricing reference date. This issuance aims to promote the company's strategic transformation from a "product provider" to an "environmental service overall solution provider" and enhance the company's comprehensive competitiveness in the sanitation service market.