A-share private placement overview: 6 companies disclose their progress on private placement.
Wind data shows that on August 21st, a total of 6 A-share companies released announcements related to private placements. Among them, 2 companies disclosed their plans for stock private placements, 2 plans for private placements were approved by shareholders' meetings, 1 plan for private placements was approved by the exchange, and 1 private placement plan was not approved. Based on the latest disclosed private placement plans on that day, Longpan Technology and Yingqu Technology have the highest amount of funds to be raised through private placements, with proposed amounts of not more than 20.0 billion yuan and 8.0 billion yuan respectively. So far this year, 90 companies have announced completed private placement plans, with 40 companies raising more than 10 billion yuan. Specifically, the funds raised through private placements by China Bank, Postal Savings Bank of China, and Bank of Communications are the highest, with total amounts raised of 1650.0 billion yuan, 1300.0 billion yuan, and 1200.0 billion yuan respectively.
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