Anhui Bossco Environmental Protection Technology (300422.SZ) plans to raise funds of up to 591 million yuan through a private placement to Guangxi State-owned Assets Supervision and Administration Commission. The controlling shareholder will change to Guangxi State-owned Assets Supervision and Administration Commission.

Anhui Bossco Environmental Protection Technology (300422.SZ) disclosed the 2025 annual plan to issue shares to specific entities. The company plans to issue no more than 160 million shares (including this amount) to Nanhua Group at a price of 3.69 yuan per share. The total amount of funds raised from the issuance of shares to specific entities this time will not exceed 591 million yuan (including this amount), and after deducting the issuance expenses, it is intended to be used entirely to supplement the company's working capital. On January 20, 2025, Nanhua Group signed a "Voting Rights Proxy Agreement" with Ningguo State-Owned Enterprise, Wang Shuangfei, Song Hainong, and Yang Qifeng, agreeing that Ningguo State-Owned Enterprise, Wang Shuangfei, Song Hainong, and Yang Qifeng will irrevocably entrust Nanhua Group with full voting rights corresponding to the 123 million shares of the company held by them (accounting for 22.95% of the total pre-issuance share capital of the company). After the above-mentioned voting rights proxy matters take effect, Nanhua Group will become the entity with the most voting rights and obtain control of the listed company. The actual controller of the listed company will change to the Guangxi Autonomous Region State-owned Assets Supervision and Administration Commission. On the day when the registered shares of this private placement are under the name of Nanhua Group, the above-mentioned voting rights proxy of Nanhua Group, Ningguo State-Owned Enterprise, Wang Shuangfei, Song Hainong, and Yang Qifeng will terminate. The actual controller of the listed company will still be the Guangxi Autonomous Region State-owned Assets Supervision and Administration Commission, and there will be no change in the actual controller. In addition, the company's stock will resume trading from the morning of January 21, 2025 (Tuesday).