According to CoinMeta, Laibao Hi-Tech announced that the company's issuance of A-shares to specific targets for the year 2026 has been approved by the company's board of directors and the shareholders' meeting in 2025, and has also passed the review of the Shenzhen Stock Exchange. However, it is still subject to registration with the China Securities Regulatory Commission before it can be implemented. The number of recipients of this issuance will not exceed 35, and the amount of shares issued will not exceed 30% of the company's total share capital prior to this issuance, which is no more than 211.7448 million shares. The total amount of funds raised will not exceed 2.5 billion yuan. After deducting the issuance costs, it is planned to invest 1.8 billion yuan in the construction of micro-cavity electronic paper display devices ( MED ) projects and 700 million yuan to supplement working capital.