New China Software: Guo Wei and his concerted parties, Gan Yao, Jia Sheng, etc. completed the subscription of 31.348 million shares.
Xinzhi Software Announcement: The company's issuance of shares to specific objects in the year 2024 has been approved by the China Securities Regulatory Commission for registration. In this issuance, the actual controller of the company, Mr. Guo Wei, and his controlled enterprise Gan Yaojiasheng subscribed for 31.348 million shares in cash at a price of 9.57 yuan per share. After this issuance, Guo Wei and his concerted actors will collectively hold more than 30% of the company's shares. However, because they have been exempted from making a tender offer by the shareholders' meeting approval, they are not required to fulfill the obligation of a tender offer. The total amount of funds raised in this issuance is 300 million yuan, with a net amount of 291 million yuan after deducting issuance expenses, which will be used entirely for supplementing working capital and repaying loans.
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