LMH: Termination of the heating network renovation and upgrade and environmental equipment renovation project

On March 11th, Jinshi Data reported that LMH announced that the company has decided to terminate the heating network renovation and upgrade project and the environmental protection equipment renovation project. The remaining funds for this project will be deposited in a special account for raised funds. At the same time, the company plans to conclude some investment projects funded by raised funds and permanently supplement working capital with the surplus funds of 139.5753 million yuan (including the outstanding payment of 46.063 million yuan). These projects include the construction project of the Hunnan Thermal Power Plant No. 3 and the continuation of the regional heating and cogeneration project in the southern part of Hunnan New City. This resolution has been approved by the board of directors and the supervisory board and is pending submission to the shareholders' meeting for review