On September 26, Gelunhui announced that Xi'an Tianhe Defense Technology (300397.SZ) disclosed the stock issuance plan to specific entities for the year 2024. The specific entities for this stock issuance are Xi'an Junyao Linghang Technology Partnership Enterprise (Limited Partnership). Xi'an Junyao Linghang Technology Partnership Enterprise (Limited Partnership) has signed a conditional share subscription agreement with the company, intending to fully subscribe to the stocks issued to specific entities in cash. Mr. He Zenglin is the company's controlling shareholder, actual controller, and serves as the chairman of the company. Xi'an Junyao Linghang Technology Partnership Enterprise (Limited Partnership) is an enterprise controlled by Mr. He Zenglin. This stock issuance to specific entities constitutes a related-party transaction.

The price of the stocks issued to specific entities this time is 6.33 yuan per share, and the total number of stocks issued to specific entities this time does not exceed 110,584,518 shares (including this number), accounting for 21.36% of the company's total share capital before this issuance, not exceeding 30% of the company's total share capital before this issuance. The total amount of funds raised by issuing stocks to specific entities this time does not exceed 700 million yuan (including this number), and the net proceeds of the funds raised after deducting issuance expenses will be used entirely to supplement working capital.