Lixiang Education signs deal to issue 5,000,000,000 Class B shares for US$2.5 million
LXEH•Share subscription agreement with investor
Lixiang Education signed a share subscription agreement on Aug. 19, 2026 with investor Biao Wei.
Wei will subscribe for 5,000,000,000 newly issued Class B ordinary shares for USD 2.5 million, or USD 0.0005 per share.
Closing conditions and transfer restrictions
Completion requires approvals from the board, audit committee, shareholders, and any required SEC-related clearances or filings.
Shares carry a five-year lock-up, with transfers permitted only to the investor’s affiliates subject to the same restriction.
