According to Laibao Hi-Tech's announcement, matters relating to the issuance of A-shares to specific targets by the company in 2026 have been reviewed and approved by the board of directors and the 2025 annual shareholders' meeting, and still need to be reviewed and approved by the Shenzhen Stock Exchange and registered with the China Securities Regulatory Commission before implementation. The issuance target was no more than 35 people, and the issue price was not lower than 80% of the company's average stock trading price in the 20 trading days before the pricing benchmark. The number issued did not exceed 30% of the total share capital before the issuance, or 211.7448 million shares. The total capital raised was no more than 250 billion yuan, of which 180 billion yuan was used for the microcavity electronic paper display device project, and 700 million yuan was used to supplement working capital.

According to Laibao Hi-Tech's announcement, matters relating to the issuance of A-shares to specific targets by the company in 2026 have been reviewed and approved by the board of directors and the 2025 annual shareholders' meeting, and still need to be reviewed and approved by the Shenzhen Stock Exchange and registered with the China Securities Regulatory Commission before implementation. The issuance target was no more than 35 people, and the issue price was not lower than 80% of the company's average stock trading price in the 20 trading days before the pricing benchmark. The number issued did not exceed 30% of the total share capital before the issuance, or 211.7448 million shares. The total capital raised was no more than 250 billion yuan, of which 180 billion yuan was used for the microcavity electronic paper display device project, and 700 million yuan was used to supplement working capital.