Gelonghui October 20?300701.SZ announced that the company intends to issue shares and pay cash to purchase 67.00% of the shares of Wuxi Greentong Safety equipment Co., Ltd. (referred to as "Gentong"), and at the same time raise no more than 105.93 million yuan (hereinafter referred to as "the reorganization") by issuing shares to no more than 35 specific targets.

According to the announcement of the 12th Review meeting of the M & A Review Committee of the Shenzhen Stock Exchange in 2023 announced by the M & A Review Committee of the Shenzhen Stock Exchange, the M & A Review Committee of the Shenzhen Stock Exchange is scheduled to hold the 12th M & A Review Committee meeting of 2023 on October 27, 2023 to examine the company's issuance of shares and pay cash to purchase assets and raise funds.