Fujian Tianma Technology Group Co., Ltd. (stock code: 603668; stock abbreviation: Tianma Technology)’s 2023 stock issuance project to specific objects through simple procedures received registration approval from the China Securities Regulatory Commission on December 22, 2023, and the issuance has been completed recently, this issuance of Tianma Technology is the first project on the main board of the Shanghai Stock Exchange to issue stocks to specific objects through a simple procedure. The issuance price of Tianma Technology is 14.61 yuan per share, raising a total of nearly 300 million yuan.

As a key national leading enterprise in agricultural industrialization, Tianma Technology has adhered to the mission of "leading the modern fishery and animal husbandry industry and improving the quality of human life" for many years, adhering to the scientific and technological concept of "technology leads innovation, innovation promotes development", and solidly promotes "talent strategy, technology Strategy, Brand Strategy" plan, fully promote the integrated development of primary, secondary and tertiary industries, create a world-class full industry chain food supply chain platform, and strive to create the world's leading modern fishery and animal husbandry group enterprise and human health food supplier. The eel industry is one of the pillar industries of my country's fishery, and eel is also one of my country's characteristic freshwater aquaculture species. The eel industry has developed into a global industry. Tianma Technology has been deeply involved in the fishery and animal husbandry industry for more than 30 years. As the first to lay out the world's first digital eel, The industry's leading enterprise in the entire intelligent industry chain has firmly promoted the construction of eight major fishery industry clusters and two major 10,000-acre industrial bases, accelerated the creation of a national-level modern agriculture (eel) high-tech industrial park - "China Eel Valley", and led the eel industry to a high level. Quality development. The funds raised from the issuance of stocks to specific targets through a simple procedure will be used for the eel ecological breeding base construction project (Phase II) and to supplement working capital, providing financial guarantee for the construction of Tianma Technology's eel industry.

Tianma Technology completed its initial public offering and listing in 2017, Tian Yuan team has continued to provide special legal services to Tianma Technology, mainly including the public issuance of convertible corporate bonds in 2018, major asset restructuring projects in 2019, and non-public offerings in 2021 Share issuance projects, etc. This project was led by Zhou Chenyi, a partner of Tian Yuan, and a working team composed of members Wang Menglei, Xu Xiaotong, Chen Yanfeng, and Yang Heng served as the issuer's legal counsel. They provided full legal services for this project and gained the trust and high recognition of all parties.