On March 13,  New Universal Science and Technology Co., Ltd. disclosed the plan for non-public offering of shares in 2020.

　　It is reported that the company plans to raise funds this time, not exceeding 598.9 million yuan. Of this, 450 million yuan will be used for the smart factory project of recycling waste tires. 5G intelligent private network application technology research and development project, invested 50 million yuan. The remaining 98.92 million yuan was used to supplement working capital. 

　　This release is only targeted at 10 specific targets, including Jiangxi Guolian Dacheng Industrial Co., Ltd. Its offering price is 9.66 yuan per share, with a total of 62 million shares issued.

（R-02）