Shichuang Energy (688429.SH) disclosed the stock issuance plan for 2024 to specific targets through a simplified process, public...
Zhitaun Finance APP news, Shichuang Energy (688429.SH) disclosed the stock issuance plan for 2024 to specific targets through a simplified process. The number of recipients in this issuance does not exceed 35 (inclusive). It targets institutional investors such as securities investment fund management companies, csi all share investment banking &s, trust companies, financial companies, insurance institutions, qualified overseas institutional investors, RMB qualified overseas institutional investors, as well as other legal entities, individuals, or organizations as stipulated by the China Securities Regulatory Commission. The number of shares issued to specific targets in this issuance is determined by dividing the total amount raised by the issuance price, not exceeding 30% of the company's total share capital before this issuance. The total amount raised shall not exceed 0.285 billion yuan (inclusive), and the net proceeds from the fundraising after deducting issuance expenses will be used for the investment in an annual 1GW solar panel manufacturing project and supplementary working capital.