Gelonghui July 27th 丨Leo Co., Ltd. (002131.SZ) announced that the company held the 16th meeting of the 6th board of directors on July 27, 2023. The meeting deliberated and passed the “Proposal on Using Own Funds to Invest in Securities”, agreeing that the company and its subsidiaries use a maximum amount of no more than 3 billion yuan (or foreign currency equivalent at the time of investment) for securities investment. The bill does not need to be submitted to the shareholders' meeting for consideration; the authorization period is valid for 12 months from the date of review and approval by the board of directors.