---
title: "CSG Energy: Plans to raise 2 billion yuan, controlling shareholder intends to subscribe for no more than 1 billion yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/263777216.md"
description: "CSG Energy announced that the company plans to issue no more than 1.136 billion A shares to no more than 35 specific targets, raising no more than 2 billion yuan. The controlling shareholder, Southern Power Grid, intends to subscribe for no less than 41.26% of the issued shares, with a subscription amount not exceeding 1 billion yuan. The issuance pricing benchmark date is the first day of the issuance period, with a price not lower than 80% of the average trading price of the company's shares over the 20 trading days prior to the pricing benchmark date. This transaction constitutes a related party transaction and is subject to approval by the company's shareholders' meeting, review by the Shenzhen Stock Exchange, and registration approval by the China Securities Regulatory Commission"
datetime: "2025-10-31T15:10:50.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/263777216.md)
  - [en](https://longbridge.com/en/news/263777216.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/263777216.md)
---

# CSG Energy: Plans to raise 2 billion yuan, controlling shareholder intends to subscribe for no more than 1 billion yuan

CSG Energy announced that the company plans to issue no more than 1.136 billion A-shares to no more than 35 specific targets, raising no more than 2 billion yuan. The controlling shareholder, Southern Power Grid, intends to subscribe for no less than 41.26% of the issued shares, with a subscription amount not exceeding 1 billion yuan. The pricing benchmark date for the issuance is the first day of the issuance period, with a price not lower than 80% of the average trading price of the company's shares over the 20 trading days prior to the pricing benchmark date. This transaction constitutes a related party transaction and is subject to approval by the company's shareholders' meeting, review by the Shenzhen Stock Exchange, and registration approval by the China Securities Regulatory Commission

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