On July 17, Nanya New Materials Technology Co., Ltd. announced the successful completion of certain 2022 A-share stock fundraising initiatives, with the remaining RMB 220.9032 million designated for permanent augmentation of working capital. This strategic allocation aims to refine resource distribution, enhance capital efficiency, and fortify the company's operational and business development endeavors. Nanya New Materials clarified that these funds will be directed towards sustaining daily production and business operations.