I'm going to raise $29.5 billion for the launch of the Changcheng Science and Technology Institute

A LETTER OF INTENT FOR THE LISTECH TO BE PLACED ON THE BOARD, SECURITY CODE 688825, AND A PLAN TO RAISE $29.5 BILLION. (C) THE IMPLEMENTATION OF THE TWO-PHASE EMPLOYEE SHARE-HOLDING SCHEME IN CHANGSUNG, WITH A CUMULATIVE AWARD OF 6760. THE FIRST, WHICH STARTED IN SEPTEMBER 2021, AWARDED SHARES AT A RATE OF $1.05/REGISTERED CAPITAL TO 359 EMPLOYEES, AND THE SECOND, WHICH STARTED IN JUNE 2023, COST 0.108 PER SHARE. THE SHARES HELD BY EMPLOYEES ARE TO BE DISTRIBUTED OVER A PERIOD OF 10 YEARS AFTER 36 MONTHS ON THE MARKET. THIS TIME, IPO PROPOSES TO PUBLICLY ISSUE 6,688 MILLION SHARES, OR ABOUT 10 PER CENT OF TOTAL POST-ISSUE EQUITY。