Xingyuan Environment plans to raise no more than 497 million yuan through a private placement to supplement working capital and repay loans

Zhitong
2025.05.12 12:07
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According to the Zhitong Finance APP, Xingyuan Environment has disclosed its plan to issue A-shares to specific targets in 2025. The target for this stock issuance is Jin Feng Technology, with an issuance price of RMB 2.07 per share. The number of shares to be issued will not exceed 240 million shares, and the total amount of funds raised will not exceed RMB 497 million. The net amount of funds raised after deducting issuance costs will be used entirely to supplement working capital and repay loans