--- title: "LHM plans to raise no more than 600 million yuan through a private placement to its controlling shareholder's concerted actors" type: "News" locale: "en" url: "https://longbridge.com/en/news/239847563.md" description: "According to the Zhitong Finance APP, LHM disclosed a plan to issue A-shares to specific targets, with the issuance targets being Mr. Guo Hao and Mr. Guo Chuan, who are concerted actors of the controlling shareholder and actual controller. They will subscribe to the A-shares issued to specific targets in cash. The total amount of raised funds will not exceed 600 million yuan (including the principal), and the net amount of raised funds after deducting issuance expenses will be used entirely to replenish working capital and repay loans" datetime: "2025-05-12T12:34:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/239847563.md) - [en](https://longbridge.com/en/news/239847563.md) - [zh-HK](https://longbridge.com/zh-HK/news/239847563.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/239847563.md) | [繁體中文](https://longbridge.com/zh-HK/news/239847563.md) # LHM plans to raise no more than 600 million yuan through a private placement to its controlling shareholder's concerted actors According to the Zhitong Finance APP, LHM (002535.SZ) disclosed a plan to issue A-shares to specific targets, with the issuance targets being Mr. Guo Hao and Mr. Guo Chuan, who are concerted actors of the controlling shareholder and actual controller. They will subscribe to this issuance of A-shares in cash. The total amount of raised funds will not exceed 600 million yuan (including the principal), and the net amount of raised funds after deducting issuance costs will be used entirely to supplement working capital and repay loans ### Related Stocks - [LHM (002535.CN)](https://longbridge.com/en/quote/002535.CN.md) ## Related News & Research - [Berlin film festival chief to remain in job after Gaza row](https://longbridge.com/en/news/277816402.md) - [‘I’m Not Here to Be Your Prop!’ Tim Walz Fires Back After Nancy Mace Asks ‘What Is a Woman?’](https://longbridge.com/en/news/277819150.md) - [Daylight Saving Time isn't going away any time soon](https://longbridge.com/en/news/277801535.md) - [Winter weather advisory issued in Massachusetts. See potential snow totals](https://longbridge.com/en/news/277640425.md) - [Update: I-10 westbound reopened after nearly two hours. Expect delays, MDOT says](https://longbridge.com/en/news/277536236.md)