Shenzhen Urban Transport Planning Center, listed on the Shenzhen Stock Exchange, plans to raise funds of no more than 1.8 billion yuan to be used for large-scale transportation industry models, intelligent transportation projects, and other related projects.
Shenzhen Cheng (301091.SZ) disclosed a plan to issue Class A shares to specific investors in 2025. The company intends to issue shares to no more than 35 investors at a price not lower than 80% of the average trading price of the company's shares in the 20 trading days before the pricing benchmark date. The number of shares to be issued will be determined by dividing the total amount of funds raised by the offering price, not exceeding 30% of the company's total share capital before the offering, which means a maximum of 158 million shares will be issued in this offering.
Shenzhen Urban Transport Planning Center (301091.SZ) disclosed the proposal to issue A-shares to specific objects in 2025. The company plans to issue shares to no more than 35 (including) specific objects, with an issue price not lower than 80% of the average trading price of the company's stock in the 20 trading days before the pricing base date. The number of shares to be issued will be determined by dividing the total amount of funds raised by the issue price, and will not exceed 30% of the company's total share capital before the current issue, which is a maximum of 158 million shares (inclusive).
The total amount of funds to be raised through this issuance of A-shares to specific objects will not exceed 1.8 billion yuan (including this amount). After deducting issuance expenses, the funds will be used entirely for: the development and large-scale application of intelligent traffic equipment and devices for the coordinated transportation industry in the context of comprehensive intelligence, low-altitude, autonomous driving, etc., global business expansion projects, and supplementary working capital.
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