Hunan Yuneng: The total amount of funds raised by issuing stocks to specific targets has been adjusted to 4.788 billion yuan.
Hunan Yuneng announcement, the company held a board of directors and supervisors meeting on December 4, 2025, and approved the proposal to adjust the issuance of shares to specific entities. The original total amount of funds to be raised was not more than 4.8 billion yuan, adjusted to not more than 4.788 billion yuan. The adjusted proceeds will still be allocated to the same projects, including an annual production of 320,000 tons of lithium manganese iron phosphate project, an annual production of 75,000 tons of ultra-long cycle lithium iron phosphate project, an annual production of 100,000 tons of iron phosphate project, and additional working capital. The company's board of directors has been authorized by the shareholders' meeting and does not need to resubmit for approval.
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