Yuguang Gold Lead: Plans to issue stocks to specific entities to raise funds of no more than 400 million yuan.

date
13/08/2025
Yu Guang Jin Qian Announcement: The company plans to issue shares to Henan Yu Guang Jin Qian Group Co., Ltd., a specific object, with a total fundraising amount not exceeding 400 million yuan, and an issue price of 6.74 yuan per share. This issuance constitutes a related party transaction and does not constitute a major asset reorganization. The funds raised will be used to supplement working capital and repay bank loans, optimize the capital structure, improve the company's operational capabilities and market competitiveness. The issuance still requires approval from the company's shareholder meeting, approval from the state-owned assets supervision and administration department, approval from the Shanghai Stock Exchange, and registration approval from the China Securities Regulatory Commission before it can be implemented.