Guangdong Create Century Intelligent Equipment Group Corporation (300083.SZ) plans to issue additional shares to its controlling shareholder to raise funds of up to 550 million yuan for the purpose of supplementing working capital and repaying bank loans.

Guangdong Create Century Intelligent Equipment Group Corporation (300083.SZ) has announced the plan to issue shares to specific investors on the ChiNext board in 2025. The recipient of this share issuance is the company's actual controller Xia Jun, making it a related party transaction. The price of the shares issued to specific investors is 5.45 yuan per share. The total number of shares issued to specific investors will not exceed 101 million shares, which is 30% of the company's total share capital before the issuance. The total amount of funds raised from this share issuance to specific investors will not exceed 550 million yuan, and the net proceeds, after deducting issuance expenses, will be used to supplement working capital and repay bank loans.