Nanjing Wondux Environmental Protection Technology Corp., Ltd. (688178.SH) plans a private placement of shares to raise no more than RMB500 million.
Wondux (688178.SH) released its 2026 plan for a private placement of A-shares to specific targets. The subscriber for this issuance is Wuhu Yuanchang Equity Investment Co., Ltd. The subscriber intends to subscribe to the shares in this issuance in cash. Wuhu Yuanchang Equity Investment Co., Ltd. is a wholly-owned subsidiary of Ruiyuan International, the company's indirect controlling shareholder, and is therefore a related party of the company. Accordingly, the subscription by Wuhu Yuanchang Equity Investment Co., Ltd. to the shares in this issuance constitutes a related-party transaction. The total amount to be raised from this private placement of A-shares to specific targets shall not exceed RMB500 million (inclusive of that amount), and, after deducting issuance expenses, will be used entirely to repay interest-bearing debt and supplement working capital.
Nanjing Wondux Environmental Protection Technology Corp., Ltd. (688178.SH) has released its 2026 plan for the issuance of A-shares to specific targets. The subscriber for this issuance is Wuhu Yuanchang Equity Investment Co., Ltd. The subscriber intends to subscribe to the shares in this issuance in cash. Wuhu Yuanchang Equity Investment Co., Ltd. is a wholly-owned subsidiary of Ruiyuan International, the company's indirect controlling shareholder, and is therefore a related party of the company. Accordingly, the subscription by Wuhu Yuanchang Equity Investment Co., Ltd. to the shares in this issuance constitutes a related-party transaction. The total amount of funds to be raised through this issuance of A-shares to specific targets shall not exceed RMB500 million (inclusive of that amount), and, after deducting issuance expenses, will be used entirely to repay interest-bearing debt and supplement working capital.
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