L&H International: Plans to issue stocks to specific target audience to raise funds of no more than 350 million yuan.

Lehui International announced that the company plans to issue shares to specific investors to raise funds of no more than 350 million yuan for the purpose of supplementing working capital. The recipient of this issuance is Ningbo Leying, an enterprise controlled by the actual controller of the company, and the recipient will subscribe in cash. This issuance constitutes a related party transaction, and the independent directors of the company have held a special meeting to review and approve the relevant proposal. The number of A shares issued to specific investors this time does not exceed 30% of the total share capital of the company before the issuance to specific investors, that is, the total issuance quantity does not exceed 36,210,403 shares.