The controversial proposal for private placement has sparked controversy. The response from Suyanjing is that solely relying on owned funds and traditional financing channels no longer meet the funding needs.

date
30/04/2025
On the evening of April 28, 2025, Su Yanjingshen disclosed a plan for a private placement, intending to raise 1.8 billion yuan for the brine salt project in the gas storage warehouse. However, the plan raised questions from investors, mainly focused on the issue of the offering price and the financial planning. On April 30, Su Yanjingshen replied that the private placement plan had been carefully reviewed, was in line with the development plan, and would help to enhance core competitiveness. In response to investors' concerns, the company stated that it would balance the interests of new and existing shareholders to the greatest extent possible and determine the price through market negotiations.