Dahu Aquaculture Co.,Ltd. announced a private placement of A shares at an issue price of not be less than 80% of the average trading price of the company's stock in the 20 trading days before the pricing base date for the gross proceeds of no more than CNY 300,000,000 on April 16, 2024. The transaction has been approved in the eighth meeting of the ninth board of directors and still need to be approved in the company's 2023 annual shareholders' meeting for review. The transaction will include participation from not exceeding 35 investors.