Focus Lightings Tech Co., Ltd. announced a private placement of 163,000,000 A shares for gross proceeds not exceeding CNY 1,200,000,000 on June 21, 2022. The issue price shall not be lower than 80% of the company's stock trading average price in the twenty trading days prior to the pricing benchmark date. The transaction has been reviewed and approved in the tenth meeting of the company's third directorate, and needs the approval of the shareholders, Shenzhen Stock Exchange, and China Securities Regulatory Commission. The shares are subject to a lock-up period of six months from the date of completion. The company current number of outstanding shares is 544,757,600 A shares.

On August 24, 2022, the company announced that the Shenzhen Stock Exchange accepted the application for issuing shares.