---
title: "CEE plans to raise no more than 700 million yuan through a private placement for capacity construction, technological upgrades, and other matters"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/258355794.md"
description: "CEE plans to raise no more than 700 million yuan by issuing A-shares to specific targets, mainly for capacity construction and technological transformation upgrades. This issuance will be directed at no more than 35 specific targets, with actual controller Yang Lin intending to subscribe for no less than 70 million yuan, and the issuance price will be 80% of the company's stock trading average price. The raised funds will be used for the Thailand PCB intelligent production base project, the Huizhou CEE production line technological transformation and upgrade project, and to supplement working capital"
datetime: "2025-09-22T12:20:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/258355794.md)
  - [en](https://longbridge.com/en/news/258355794.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/258355794.md)
---

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# CEE plans to raise no more than 700 million yuan through a private placement for capacity construction, technological upgrades, and other matters

According to the Zhitong Finance APP, CEE (002579.SZ) disclosed a plan for the issuance of A-shares to specific targets for the year 2025. The company intends to issue shares to no more than 35 specific targets (including this number), among which the actual controller Yang Lin plans to subscribe for an amount not less than 70 million yuan (including this number) and intends to subscribe for a total number of shares not exceeding 30% (including this number) of the total number of shares issued to specific targets this time. The issuance price will not be less than 80% of the average trading price of the company's shares over the 20 trading days prior to the pricing benchmark date. The number of shares issued to specific targets will not exceed 30% of the company's total share capital before the issuance.

The total amount of funds raised from this issuance to specific targets will not exceed 700 million yuan (including this number), and after deducting relevant issuance expenses, all funds will be used for the Thailand PCB intelligent production base project, the Huizhou CEE production line technological transformation and upgrading project, and to supplement working capital

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- [CEE (002579.CN)](https://longbridge.com/en/quote/002579.CN.md)