According to Laibao Hi-Tech's announcement, matters relating to the company's issuance of A-shares to specific targets in 2026 have been reviewed and approved by the company's board of directors and the 2025 annual shareholders' meeting, reviewed and approved by the Shenzhen Stock Exchange, and still need to be registered with the China Securities Regulatory Commission before implementation. There are no more than 35 people to be issued. The number issued is no more than 30% of the total share capital of the company before the current issuance, that is, no more than 21.744,800 shares, and the total capital raised is no more than 250 billion yuan. After deducting the issuance fee, it is planned to invest 180 billion yuan to build a microcavity electronic paper display device project and 700 million yuan to supplement the working capital.

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