Tianyuan Co., Ltd.: Approved to issue stocks to specific individuals to raise funds not exceeding 700 million yuan.

date
08/04/2026
Tianyuan Group announced that the company's proposal to issue shares to specific targets in 2026 has been approved by Yibin Development Holdings Limited. The company agrees that the total amount of funds raised in this non-public offering of shares shall not exceed 700 million yuan, the number of shares issued shall not exceed 141 million, and the total capital stock of the company before this offering shall not exceed 30%. The issuance price is 4.98 yuan per share. This offering still requires approval from the company's shareholders' meeting, as well as approval from the Shenzhen Stock Exchange and registration with the China Securities Regulatory Commission before implementation.