Hoshine Silicon Industry Co.Ltd(603260) announced that the company plans to issue shares in a non-public manner at a price of 66.30 yuan per share, with a total fund-raising amount of no more than 700 million yuan, which will be used to supplement working capital after deducting issuance expenses. The objects of this issuance are Luo Ying and Luo Yedong. Luo Ying and Luo Yedong are the shareholders and actual controllers of the company. At the same time, Luo Ying serves as the vice chairman of the company and Luo Yedong serves as the director and general manager of the company. The controlling shareholder of the company is Hesheng group, holding 50.89% of the shares of the company. The actual controllers of the company are Luo Liguo and his children Luo Yi and Luo Yedong, holding 100% of the shares of Hesheng group in total.