LSTY announced that the company issued 22.7586 million shares to specific targets at an issuance price of 14.50 yuan per share, raising a total of 330 million yuan, with a net amount of 320 million yuan. The newly issued shares will be listed on May 20, 2026, increasing the total share capital from 164 million shares to 187 million shares. The company's directors and senior executives did not participate in the subscription, and the number of shares held remained unchanged, but the shareholding ratio was diluted due to the new share issuance, with Chairman Xia Qing's shareholding ratio decreasing from 12.2926% to 10.7940%