Wuhan Nusun Landscape Co., Ltd. announced a private placement of A shares for a gross proceeds of not more than CNY 300 million on March 28, 2023. The company shall issue shares at a price not less than 80% of the average price in the 20 trading days before the pricing reference date. The transaction will include participation from no more than 35 investors.

The stocks issued to specific objects shall not be transferred within 6 months from the date of completion of the issuance. The transaction has been approved at the11th meeting of the fourth board of directors and the eighth meeting of the fourth board of supervisors.