---
title: "Yongshan Lithium Industry responds after terminating the 2022 private placement and initiating the 2025 private placement"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/240508929.md"
description: "Yongshan Lithium Industry announced on the evening of the 15th that it plans to raise no more than 500 million yuan through a private placement to its controlling shareholder Yongrong Zhisheng's wholly-owned subsidiary Yonghong Investment. At the same time, Yongshan Lithium Industry announced the termination of the non-public issuance of A-shares for the year 2022. The company stated that the private placement in 2022 could not be carried out due to changes in the inquiry environment and issues with the controlling shareholder, while this private placement will be a fixed-price issuance fully subscribed by the new controlling shareholder"
datetime: "2025-05-16T06:23:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/240508929.md)
  - [en](https://longbridge.com/en/news/240508929.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/240508929.md)
---

# Yongshan Lithium Industry responds after terminating the 2022 private placement and initiating the 2025 private placement

Yongshan Lithium Industry issued multiple announcements regarding the issuance of additional shares on the evening of the 15th. The announcements indicate that Yongshan Lithium Industry plans to raise no more than 500 million yuan through a private placement to its controlling shareholder Yongrong Zhisheng's wholly-owned subsidiary Yonghong Investment. It is worth noting that on the same day, Yongshan Lithium Industry also released an announcement regarding the termination of the company's 2022 non-public issuance of A-shares. On the 16th, a reporter called Yongshan Lithium Industry as an investor, and the staff stated that the 2022 private placement was conducted through an inquiry-based issuance, and the inquiry environment at that time is completely unrelated to the current inquiry environment. In addition, the controlling shareholder at that time, Shanshan, also encountered some issues, so the private placement was not carried out, and it was not canceled either. This time, it is a locked-price issuance, fully subscribed by the new controlling shareholder Yongrong. If the previous one is not canceled, the current one cannot be redone

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