Yabon Chemical (300261.SZ) plans to raise no more than 841 million yuan through a private placement of shares.

Zhizhong Finance APP reported that Yaborn Chemical (300261.SZ) has announced a plan for the issuance of A-shares to specific targets for 2026. The total amount of funds raised through this issuance will not exceed 841 million yuan (including this amount). After deducting issuance costs, the funds will be used for the following projects: a pilot project for the annual production of 35 tons of high-end pharmaceutical intermediates, the construction of a new project for the annual production of 2019 tons of active pharmaceutical ingredients and intermediates (Phase I), the construction of a new project for the annual production of 140 tons of pharmaceutical raw materials, the construction of a new project for the annual production of 50 tons of Retagliptin and 2 tons of SERD inhibitors, as well as the research and development center construction project and the replenishment of working capital.