300051SZSE
🚨 Material Event

Announcement on Adjusting the Issue Price and Issue Size of Directed Share Issuance

Liansheng Technology Co., Ltd.··3 pages

✨ AI Summary

LianSheng Technology announces adjustments to its directed share issuance. The pricing benchmark date shifts to the first day of the issuance period, and the issue price is set at no less than 80% of the average trading price over the 20 trading days prior to the benchmark date. The total issue size will be determined by the total fundraising amount divided by the issue price.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· gemini_document

LianSheng Technology Co., Ltd.

Announcement on Adjusting the Issue Price and Issue Size of Directed Share Issuance

The Company and the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or material omissions.

Special Notice:

  1. LianSheng Technology Co., Ltd. (hereinafter referred to as the "Company") has adjusted the pricing benchmark date for its 2025 directed share issuance from "the announcement date of the second meeting of the Seventh Board of Directors" to "the first day of the issuance period." The issue price has been adjusted from "RMB 5.68 per share" to "no less than 80% of the average daily closing price of the Company's shares over the 20 trading days prior to the pricing benchmark date." The total issue size has been adjusted from "not exceeding 82,746,478 shares (inclusive)" to "determined by the total fundraising amount divided by the issue price (if the calculation results in less than one share, the remainder shall be rounded down), and shall not exceed 30% of the Company's total share capital before this issuance and 82,746,478 shares (unchanged from the previous change)."
  2. Apart from the above adjustments, other matters related to the Company's directed share issuance remain unchanged.

The relevant matters of this directed share issuance have been deliberated and approved by the Second Meeting of the Seventh Board of Directors and the 2026 First Extraordinary General Meeting of Shareholders, and the Eleventh Meeting of the Seventh Board of Directors. This directed share issuance is subject to the review and approval of the Shenzhen Stock Exchange and the registration of the China Securities Regulatory Commission.

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.