[music shares: the proposed investment amount does not exceed US $34.5 million to purchase land for the construction of overseas warehouses]. According to the announcement of Le GE shares, wholly-owned subsidiary Lecangs LLC or other subsidiaries designated by the company intend to use their own or self-raised funds to purchase land suitable for the company's business development in the United States for the construction of overseas warehouses. It is estimated that the total investment in this purchase of land will not exceed US $34.5 million.