Huaren Health: Plans to raise no more than 709 million yuan for projects such as intelligent manufacturing and sorting centers.
The Health Announcement of Chinese Enterprises states that the company plans to issue A-share stocks to no more than 35 specific targets, raising a total of no more than 709 million yuan, with the number of shares issued not exceeding 50 million. The funds raised, after deducting issuance costs, are intended for projects including an intelligent manufacturing and sorting center, pharmaceutical research and development projects, information technology construction projects, and to supplement working capital. This issuance is still subject to approval by the company's shareholders' meeting, review by the Shenzhen Stock Exchange, and registration consent from the China Securities Regulatory Commission.
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