Guangdong Insight Brand Marketing Group Co.,Ltd. announced a private placement to issue common shares on October 28, 2024. The issuance of matching funds for this raising is a total of no more than 35 (including 35) specific investors who meet the conditions stipulated by the China Securities Regulatory Commission. The pricing benchmark date for the issuance of shares to raise matching funds is the first day of the issuance period, and the issue price is not less than 80% of the average trading price of the company's shares in the 20 trading days before the pricing benchmark date.
The shares subscribed by the issuer of the matching funds raised this time shall not be transferred within 6 months from the date of the end of the issuance. The transaction has been approved in 24th meeting of its 3rd board of directors and the 23rd meeting of its 3rd supervisory board, is subject to board of directors and the shareholders' meeting of the listed company the Shenzhen Stock Exchange and registration with the China Securities Regulatory Commission (CSRC).