*ST Jinguang: Proposed issuance to raise no more than 2.43B yuan

*ST Jinguang Announcement, plans to issue A-shares to specific targets to raise no more than 2.43B yuan. The net proceeds after deducting issuance costs are intended to be used for the Beijing Tongzhou District Artificial Intelligence Intelligent Computing Center Project (Phase I), the Shanghai Office and R&D Center Project, as well as for supplementary working capital and debt repayment. The number of shares to be issued in this offering will not exceed 162 million shares, with an issuance price not lower than 80% of the average stock price of the company over the 20 trading days prior to the pricing benchmark date.

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