Hengyang Heli Industrial Vehicle Co., Ltd. announced that it has issued common shares of CNY 293,926,918.90 from returning investor Anhui Heli Co.,Ltd. on February 19, 2024. The company held the 32nd meeting of the 10th board of directors and reviewed and approved the proposal on using part of the raised funds to increase investment in the corresponding Wholly-Owned Subsidiaries to Implement Raised Investment Projects. On the same day, the company held the 22nd meeting of the 10th Board of Supervisors, and reviewed and approved the "Proposal on Using Part of the Raised Funds to Increase Investment in the Corresponding Wholly-Owned Subsidiaries to Implement Raised Investment Projects.