On March 22, Ge Longhui Co., Ltd. (01421.HK) issued an announcement. The company proposes to supply shares according to the basis that 1 share is issued for every 2 existing shares held by eligible shareholders on the record date, issue 41.7084 million shares at the subscription price of HK$0.4 per share, and raise approximately HK$16.7 million (before deducting expenses).