Gudou Holdings Limited announced that it will issue 2.34262% convertible bonds for the gross proceeds of HKD 25,300,000 and net proceeds of HKD 25,174,000 on February 17, 2023. The transaction will include participation from Li Song Foundation Company Limiteda. The convertible bonds are exercised in full at the conversion price of HKD 0.20, a maximum of 126,500,000 conversion shares will be allotted and issued.

The transaction is subject to the shareholder's approval.