Beijing Highlander Digital Technology Co., Ltd announced a private placement to issue not more than shares for an amount of RMB 300 million and shall not exceed 20% of the net assets for the gross proceeds of CNY 35,552.98 on August 26, 2022. The company shall issue shares at a price not less than 80% of the average price in the 20 trading days before the pricing reference date. The shares issued this time shall not be transferred within 6 months. On April 11, 2022, the company announced that the twenty-seventh meeting of the fifth session of the board of directors of the company reviewed and approved the "Proposal on Requesting the General Meeting of Shareholders to Authorize the Board of Directors to Issue Shares to Specific Objects through Simple Procedures".
On June 14, 2022, the company' announced that the 2021 annual general meeting of shareholders reviewed and approved the "Proposal on Requesting the General Meeting of Shareholders to Authorize the Board of Directors to Decide to Issue Shares to Specific Objects through Summary Procedures".
On August 25, 2022, the company announced that the 36th meeting of the 5th board of directors of the company reviewed and approved the " Beijing Highlander Digital Technology Co., Ltd. 2022 Plan for Issuance of Stocks to Specific Objects by Simplified Procedures" and other proposals.