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Hefei Fengle Seed (000713.SZ): The issuance of A-shares to specific parties has received approval from the State-owned Assets Supervision and Administration Commission of the State Council.
On January 9, Gelonghui reported that Hefei Fengle Seed (000713.SZ) announced that recently, Hefei Fengle Seed Co., Ltd. received a forwarded notice from the controlling shareholder, Guotou Seed Technology Co., Ltd., regarding the State-owned Assets Supervision and Administration Commission of the State Council (hereinafter referred to as "State-owned Assets Commission")'s "Reply on the Matters Related to the Non-Public Issuance of A Shares by Hefei Fengle Seed Co., Ltd." (Guo Zi Chan Quan [2024] No. 611). The State-owned Assets Commission has agreed in principle to the company's overall plan for this non-public issuance of no more than 184.204494 million shares, and has agreed that Guotou Seed Technology Co., Ltd. may not exceed 10.89.
Our country is solidly promoting the action to enhance grain production capacity, and the seed industry is entering a period of intensive policy stimulation.
According to reports, this year, our country has solidly promoted a new round of grain production capacity enhancement actions aimed at increasing grain production by a billion pounds, implementing large-scale yield improvement actions for major crops such as grains and oils, and accelerating the construction of high-standard farmland. The Guosheng Securities pointed out that after 2021, policies represented by the seed industry revitalization plan have been intensively introduced, and the seed industry revitalization policies combined with Transgenic changes have led to an expansion of the Industry and a significant optimization of the landscape, currently entering a period of intensive policy and Transgenic information catalysis.
Announcement Highlights by Gelunhui: Jiangsu Eastern Shenghong - Controlling shareholder and its concerted actors intend to increase their shareholding in the company by 2 to -4 billion yuan.
Solareast Holdings (603366.SH): The 'Full Liquid-Cooled Ultra-Fast Charging Station' procured Huawei's full liquid-cooled ultra-fast charging station, but did not generate related business income and profits. Grinm Advanced Materials (600206.SH): Supply small batches of solid electrolyte materials for power battery to customers, with business income expected to account for less than 1%. SAIC Group (600104.SH): The company and its controlling shareholder have no significant matters that should be disclosed but have not been disclosed. [Project Investment] Jiangsu Xiuqiang Glasswork (300160.SZ): Plans to invest no more than 75 million yuan in building a production line project in Thailand. Hangzhou Oxygen Plant Group (002430.
Hefei Fengle Seed (000713.SZ): Plans to raise no more than 1.089 billion yuan through a private placement to its controlling shareholder.
On November 13, Gelonghui reported that hefei fengle seed (000713.SZ) announced plans to raise no more than 1.089 billion yuan through a private placement, and after deducting relevant issuance costs, all funds will be used to supplement working capital and repay bank loans. The issuer for this offering is the company's controlling shareholder, Guotou Seed Industry, who will subscribe in cash. The subscriber has signed a conditional subscription agreement for A-shares with Hefei Fengle Seed Industry Co., Ltd. with the company.
Hefei Fengle Seed Co.,Ltd's (SZSE:000713) Shares Bounce 26% But Its Business Still Trails The Industry
Fengle Seed Industry: Report for the third quarter of 2024
Is Hefei Fengle SeedLtd (SZSE:000713) Using Too Much Debt?
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