---
title: "XiaSha Precision: Plans to issue A-shares to specific targets to raise no more than 800 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/263074778.md"
description: "XiaSha plans to issue A-shares to specific targets, raising no more than 800 million yuan. The net amount after deducting issuance costs will be used for the industrialization of core components of intelligent transmission systems, equipment development and industrialization, construction of technology research and application centers, as well as to supplement working capital and repay debts. The number of shares to be issued will not exceed 18.8552 million shares, and the issuance price will not be lower than 80% of the average price of the company's shares over the 20 trading days prior to the pricing benchmark date. The final issuance targets will be determined after obtaining the registration decision from the China Securities Regulatory Commission"
datetime: "2025-10-28T11:49:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/263074778.md)
  - [en](https://longbridge.com/en/news/263074778.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/263074778.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/263074778.md) | [繁體中文](https://longbridge.com/zh-HK/news/263074778.md)


# XiaSha Precision: Plans to issue A-shares to specific targets to raise no more than 800 million yuan

XiaSha Precision announced that it plans to issue A-shares to specific targets to raise no more than 800 million yuan. The net amount after deducting issuance costs will be used entirely for the industrialization projects of core components of intelligent transmission systems, equipment development and industrialization projects, technology research and application center construction projects, as well as to supplement working capital and repay debts. The number of shares to be issued will not exceed 18.8552 million shares, and the issuance price will not be lower than 80% of the average price of the company's shares over the twenty trading days prior to the pricing benchmark date. The final issuance targets will be determined in consultation with the sponsoring institution after the company obtains the registration decision from the China Securities Regulatory Commission

### Related Stocks

- [XiaSha (001306.CN)](https://longbridge.com/en/quote/001306.CN.md)

## Related News & Research

- [14:08 ETCitizens Bank of Edmond's Heard on Hurd is Back!](https://longbridge.com/en/news/277240388.md)
- [Gotion finalizes design for 2-GWh solid-state battery line](https://longbridge.com/en/news/277422002.md)
- [CATL and BMW prepare for upcoming battery passport](https://longbridge.com/en/news/277224792.md)
- [Globus Medical Executive Sells 20,000 Shares](https://longbridge.com/en/news/277258948.md)
- [13:16 ETYanmar Unveils One of the Industry's Most Versatile Compact Track Loader Lineups at CONEXPO 2026](https://longbridge.com/en/news/277664320.md)