UD Industrial Technology has declared its intention to issue a maximum of 236 million A-shares to its affiliated entity, UD Group, at a unit price of 14.90 yuan per share. The anticipated total fundraising amount is capped at 3.51 billion yuan. After deducting the costs associated with the issuance, the proceeds will be earmarked for the research and development, as well as the industrialization of semiconductor optical components, semiconductor precision components and subsystems, high-end measurement equipment, and life science instruments. Additionally, the funds will support projects aimed at upgrading and transforming bismuth material businesses. This issuance, being a related-party transaction, necessitates approval from both the shareholders' meeting and the relevant regulatory authorities. UD Group has pledged not to transfer the shares it subscribes to within 36 months from the date of completion of the issuance.