Wuhan Golden Laser Co., Ltd (SZSE:300220) announce a private placement of not more than 45,360,000 A shares for gross proceeds of not more than CNY 215,784,900 on June 22, 2021. The transaction will include participation from not more than 35 investors. The issue price will not be less than 80% of the average price in the 20 trading days before the pricing reference date. The shares cannot be transferred within six months from the issuance closing date. The transaction has been approved at the 3rd meeting of the company's 5th directorate and the 3rd Meeting of the 5th Supervisory Board and is still subject to approval from its shareholders, the Shenzhen Stock Exchange, and China Securities Regulatory Commission.