Aeolus plans to raise no more than 1.1 billion yuan through a private placement to controlling shareholders and others
Aeolus plans to issue A-shares to its controlling shareholder and other specific entities, raising a total of no more than 1.1 billion yuan. The controlling shareholder, the rubber company, will subscribe for no less than 200 million yuan and no more than 300 million yuan in shares in cash. The raised funds will be used for the high-performance giant engineering radial tire capacity expansion and efficiency enhancement project
According to the Zhitong Finance APP, Aeolus (600469.SH) disclosed a plan to issue A-shares to specific targets. The issuance targets include no more than 35 (including 35) specific entities that meet the conditions set by the China Securities Regulatory Commission, including the company's controlling shareholder, the Rubber Company. The Rubber Company intends to subscribe for no less than 200 million yuan (including the principal) and no more than 300 million yuan (including the principal) in cash for this issuance. The total amount of funds raised from this issuance is expected to be no more than 1.1 billion yuan (including the principal), and the net amount of funds raised after deducting issuance expenses is intended to be used for the high-performance giant engineering radial tire capacity expansion and efficiency enhancement project
