Hyea Aromas plans to raise no more than 113 million yuan through a simplified procedure for the purpose of expanding its flavor production capacity
Hyea Aromas plans to issue shares to specific investors through a simplified procedure, raising no more than 113 million yuan, mainly to expand spice production capacity. This issuance will target no more than 35 specific investors, with the issuance price not lower than 80% of the average price of the 20 trading days prior to the pricing benchmark date. The raised funds will be used for the first phase of a project to produce 3,230 tons of spices annually, with a production facility for 1,300 tons of spices annually
According to the Zhitong Finance APP, Hyea Aromas (300886.SZ) disclosed a plan to issue stocks to specific targets through a simplified procedure for the year 2025. The company intends to issue stocks to no more than 35 specific investors (inclusive). The pricing benchmark date for this issuance will be the first day of the issuance period, and the issuance price will not be lower than 80% of the average stock price of the company over the twenty trading days prior to the pricing benchmark date. The number of stocks will be determined by dividing the total amount of funds raised by the issuance price, and will not exceed 30% of the company's total share capital before this issuance. The total amount of funds to be raised will not exceed 113 million yuan (inclusive), and the net amount of funds raised after deducting related issuance expenses will be used entirely for the first phase of the annual production project of 3,230 tons of spices, which includes the production facility for 1,300 tons of spices annually
