---
title: "NORINCO International: Adjusting the 2024 private placement plan, the number of shares issued is adjusted to no more than 105 million shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/242395349.md"
description: "NORINCO International announced that the company will hold a board of directors and supervisory board meeting on May 29, 2025, to review and approve the proposal to adjust the plan for issuing A-shares to specific targets for the year 2024. The number of shares to be issued before the adjustment does not exceed 106 million shares, and after the adjustment, it does not exceed 105 million shares, both of which do not exceed 30% of the company's total share capital. The final number of shares to be issued will be determined based on the subscription quotes from the issuing targets. This private placement plan still requires approval from the state-owned assets regulatory authority, review and approval from the Shenzhen Stock Exchange, and registration with the China Securities Regulatory Commission"
datetime: "2025-05-29T11:58:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/242395349.md)
  - [en](https://longbridge.com/en/news/242395349.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/242395349.md)
---

# NORINCO International: Adjusting the 2024 private placement plan, the number of shares issued is adjusted to no more than 105 million shares

NORINCO International announced that the company will hold a board of directors and supervisory board meeting on May 29, 2025, to review and approve the proposal to adjust the plan for issuing A-shares to specific targets for the year 2024. The number of shares to be issued before the adjustment does not exceed 106 million shares, and after the adjustment, it does not exceed 105 million shares, both of which do not exceed 30% of the company's total share capital. The final number of shares issued will be determined based on the subscription quotes from the issuing targets. This private placement plan still requires approval from the state-owned assets regulatory authority, review by the Shenzhen Stock Exchange, and registration with the China Securities Regulatory Commission

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