Longpan Technology: The capital increase and share expansion of the holding subsidiary and the introduction of investors Delivery completed

Jin10 data reported on August 11, Longpan Technology announced that its holding subsidiary Lithium Source (Indonesia) has completed capital increase and share expansion by introducing investors for Delivery. LGES contributed $15.9709 million in cash to subscribe for 255,900 shares of newly issued ordinary shares, obtaining 20% equity after the completion of the new share issuance of Lithium Source (Indonesia). After the transaction, Lithium Source (Asia Pacific)'s holding ratio decreased to 79.99%, and the nominal share capital of Lithium Source (Indonesia) increased from 10,237.23 billion Indonesian Rupiah to 12,796.53 billion Indonesian Rupiah.

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