Huizhou Lyric Robot Investment Co., Ltd. announced that it has signed an agreement to issue A shares for gross proceeds of CNY 2,499,888,000 on May 24, 2023. The transaction will include participation from 35 investors including new investor, Guangdong Lyric Robot Automation Co., Ltd. The issue price will not be lower than 80% of the company's stock trading average price in the 20 trading days prior to the pricing base date. The transaction still needs to be approved by Shanghai Stock Exchange and China Securities Regulatory Commission. The transaction has been approved by the 26th meeting of the 2nd board of directors and 19th meeting of the 2nd supervisory board. The transaction still needs to be approved Shanghai Stock Exchange and China Securities Regulatory Commission.


On February 28, 2023, The transaction has been approved by the 22nd meeting of the 2nd board of directors and the 16th meeting of the 2nd supervisory board.

On March 16, 2023, The transaction has been approved in the 1st extraordinary shareholders’ meeting in 2023.

On April 27, 2023, The transaction has been approved in the 24th meeting of the 2nd board of directors and the 17th meeting of the 2nd supervisory board.