Lanqi Technology announced that the 13th meeting of the 3rd board of directors reviewed a number of proposals. Agreed to arrangements relating to the initial public offering of H shares and listing on the Hong Kong Stock Exchange, and authorized the handling of specific matters relating to the issuance and listing; in line with the actual situation, it was agreed to amend the articles of association that will take effect after the issuance and listing of H shares. Furthermore, given that the grant conditions have already been fulfilled, the company will award 11.4 million additional restricted shares to 2 incentive recipients at a price of 45.91 yuan/share. Directors Yang Chonghe and Stephen Kuong - Io Tai abstained from voting.

Lanqi Technology announced that the 13th meeting of the 3rd board of directors reviewed a number of proposals. Agreed to arrangements relating to the initial public offering of H shares and listing on the Hong Kong Stock Exchange, and authorized the handling of specific matters relating to the issuance and listing; in line with the actual situation, it was agreed to amend the articles of association that will take effect after the issuance and listing of H shares. Furthermore, given that the grant conditions have already been fulfilled, the company will award 11.4 million additional restricted shares to 2 incentive recipients at a price of 45.91 yuan/share. Directors Yang Chonghe and Stephen Kuong - Io Tai abstained from voting.