Gelonghui, May 29丨Tianhong Culture and Innovation (08500.HK) announced that the company proposes to issue up to 216 million shares of the offering at a subscription price of HK$0.25 per share (1) of the eligible shares held at the end of business hours on the record date (assuming there is no change in the number of shares issued on or before the record date) to raise up to HK$54 million (assuming that the number of shares issued has not changed on or before the record date). The board of directors proposed changing the trading unit of each lot from 2,000 shares to 10,000 shares, with effect from 9:00 a.m. on August 7, 2024 (Wednesday).