Labog High-tech: plans to raise funds of no more than 2.5 billion yuan through private placement.

date
03/04/2026
Labao High-tech announcement, it is planned to issue A shares to specific objects in 2026, with a total amount not exceeding 2.5 billion yuan, which will be used for the microcavity electronic paper display device project and supplementary working capital after deducting the issuance costs. The number of shares issued this time will not exceed 212 million shares, and the issuance objects will be no more than 35 qualified investors. The final issuance price will be determined based on the inquiry results. This issuance still needs to be reviewed by the shareholders' meeting of the company and approved by the Shenzhen Stock Exchange, and finally registered and decided by the China Securities Regulatory Commission.