---
title: "Jiangsu Lopal Tech Raises RMB1.88 Billion Through Targeted A-Share Issuance"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286123460.md"
description: "Jiangsu Lopal Tech Co. Ltd. has successfully raised RMB1.88 billion through a targeted issuance of 93,115,403 ordinary A shares at RMB20.19 each. The net proceeds amount to approximately RMB1.86 billion, with all shares subscribed in cash. The company has completed necessary registration and custody procedures, and the new shares will be tradable on the Shanghai Stock Exchange after the lock-up period. This capital raise aims to enhance Jiangsu Lopal Tech's funding capacity and market position."
datetime: "2026-05-12T14:48:36.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286123460.md)
  - [en](https://longbridge.com/en/news/286123460.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286123460.md)
---

# Jiangsu Lopal Tech Raises RMB1.88 Billion Through Targeted A-Share Issuance

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Jiangsu Lopal Tech Co. Ltd. Class H ( (HK:2465) ) has provided an update.

Jiangsu Lopal Tech. Group has completed a targeted issuance of 93,115,403 RMB ordinary A shares at RMB20.19 each, raising total proceeds of about RMB1.88 billion and net proceeds of approximately RMB1.86 billion. All shares were subscribed for in cash, with no asset transfers involved, underscoring a purely equity-based capital raise.

The company has finalized registration, custody and sale restriction procedures for the new shares with China Securities Depository and Clearing Corporation’s Shanghai branch as of May 11, 2026. These restricted shares will become tradable on the Shanghai Stock Exchange after the lock-up period, marking a significant step in bolstering Jiangsu Lopal Tech’s funding capacity and potentially enhancing its market position and liquidity for stakeholders.

**More about Jiangsu Lopal Tech Co. Ltd. Class H**

Jiangsu Lopal Tech. Group Co., Ltd., listed in Hong Kong and on the Shanghai Stock Exchange, operates in the chemical and materials sector, issuing RMB ordinary A shares to fund its growth. The company targets investors in mainland China’s capital markets and uses equity financing to support its expansion and strengthen its capital structure.

**Average Trading Volume:** 13,722,899

**Technical Sentiment Signal:** Strong Buy

**Current Market Cap:** HK$19.59B

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