Shen Kai shares (002278.SZ) plans to raise funds through a simple procedure of non-public offering not exceeding 220 million yuan.

Zhitong Finance APP News, Shenkai Shares (002278.SZ) disclosed the plan to issue shares to specific targets through a simplified process in 2025. The company plans to issue shares to no more than 35 specific investors at a price not lower than 80% of the average trading price of the company's stock in the 20 trading days before the pricing base date.