Lisheng Sports Co.,Ltd announced that it has received CNY 330 million in funding from Shanghai Ruiyi Investment Development Center (Limited Partnership), GF Securities Co., Ltd., Caitong Fund Management Co., Ltd., Huatai Asset Management Co., Ltd., Nuode Asset Management Co., Ltd.

On April 22, 2026, Lisheng Sports (Shanghai) Co.,Ltd closed the transaction. The transaction involves participation from returning investor Caitong Fund Management Co., Ltd. for 1,820,689 for CNY 26,399,990.50 and new investor Ruiyi Investment Private Placement Selected Issue 10 Private Securities Investment Fund for 1,379,310 shares for CNY 19,999,995, GF Securities Co., Ltd. for 1,793,103 for CNY 25,999,993.50, Huatai Asset Management Co., Ltd. for 2,758,620 shares for CNY 39,999,990, Nuode Asset Management Co., Ltd. for 4,510,344 shares for CNY 65,399,988 and Xianghe No. 7 Emerging Growth Private Equity Investment Fund for 1,586,206 shares for CNY 22,999,987 and individual investor Cai Yingying for 1,379,310 shares for CNY 19,999,995, Pan Zhangzheng for 1,379,310 for CNY 19,999,995, Fang Yan for 496,557 shares for CNY 7,200,076.50, Guan Wanghui for 1,379,310 shares for CNY 19,999,995, Xu Jin for 1,517,241 shares for CNY 21,999,994.50, Lü Hongying for 1,379,310 shares for CNY 19,999,995 and Fu Qiaoqun for 1,379,310 shares for CNY 19,999,995.