---
title: "YAWEI: Plans to issue stocks to raise 719 million yuan for Yangzhou Industrial Development Group"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/258519755.md"
description: "YAWEI announced that the company plans to issue shares to Yangzhou Industrial Investment Development Group Co., Ltd. to raise a total of 719 million yuan, with the number of shares issued being 99.7269 million. Yangzhou Industrial Investment Group will become the controlling shareholder of the company, and this transaction constitutes a related party transaction. The raised funds will be used to supplement working capital, repay bank loans, optimize the capital structure, reduce the asset-liability level, and enhance risk resistance capabilities. This issuance is subject to approval by the Shenzhen Stock Exchange and registration consent from the China Securities Regulatory Commission before it can be implemented"
datetime: "2025-09-23T11:54:46.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/258519755.md)
  - [en](https://longbridge.com/en/news/258519755.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/258519755.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/258519755.md) | [繁體中文](https://longbridge.com/zh-HK/news/258519755.md)


# YAWEI: Plans to issue stocks to raise 719 million yuan for Yangzhou Industrial Development Group

YAWEI announced that the company plans to issue shares to Yangzhou Industrial Investment Development Group Co., Ltd. to raise a total of 719 million yuan, with the number of shares issued being 99.7269 million. Yangzhou Industrial Investment Group will become the controlling shareholder of the company, and this transaction constitutes a related party transaction. The raised funds will be used to supplement working capital, repay bank loans, optimize the capital structure, reduce the asset-liability level, and enhance risk resistance capability. This issuance is subject to approval by the Shenzhen Stock Exchange and registration approval by the China Securities Regulatory Commission before it can be implemented

### Related Stocks

- [YAWEI (002559.CN)](https://longbridge.com/en/quote/002559.CN.md)

## Related News & Research

- [Kenneth Andrade-led Old Bridge Focused Fund offloads HCL Tech, adds Tata Motors PV in February](https://longbridge.com/en/news/278817830.md)
- [US judiciary to fast-track court records system upgrade after hacking](https://longbridge.com/en/news/278608485.md)
- [Tennis-Sabalenka too hot for Osaka as the world number one reaches Indian Wells quarters](https://longbridge.com/en/news/278607881.md)
- [Air India to operate special flights for UAE on March 8 amid Gulf crisis](https://longbridge.com/en/news/278239013.md)
- [BYD sub-brand Linghui to also feature flash-charging tech](https://longbridge.com/en/news/278502400.md)