On behalf of Subsidiary Company LE Capital Enterprise Co., Ltd Announcement on the implementation of the capital loan and improvement plan 2025 Q1
1.Date of occurrence of the event:2025/05/08
2.Company name:LE Capital Enterprise Co., Ltd
3.Relationship to the Company (please enter ”head office” or
”subsidiaries”):subsidiaries
4.Reciprocal shareholding ratios:NA
5.Cause of occurrence:
Handled in accordance with the Jinguan Zhengshen No. 1140335885
The subsidiary LE Capital Enterprise Co., Ltd. has formulated
an improvement plan in accordance with regulations, announced it in
the major information, and announced the implementation status on a
quarterly basis and @submitted quarterly reports on the implementation
status to the company's board of directors and shareholders' meeting reports.
6.Countermeasures:
(1) The subsidiary LE Capital Enterprise Co., Ltd has formulated an
improvement plan.We plan to ask Shanghai Les Enphants Baby Products Co., Ltd.
to formulate a repayment plan, and the repayment is expected to be completed
before September 30, 2025.
(2) The Company has submitted the Improvement Plan to the Board of Directors
on March 6, 2025 and has included the Improvement Plan in the Minutes.
Distributed to independent directors.
(3) Announce the improvement situation on a quarterly basis.
(4) Report on implementation at the 2025 shareholders' meeting
7.Any other matters that need to be specified (the information disclosure
also meets the requirements of Article 7, subparagraph 9 of the Securities
and Exchange Act Enforcement Rules, which brings forth a significant impact
on shareholders rights or the price of the securities on public companies.):
Shanghai Les Enphants Co., Ltd. has repaid USD 400,000 on March 25, 2025.
It is expected that the repayment of funds to our company will be arranged
in the future depending on the group's financial operation situation.
