--- title: "LHM plans to raise no more than 600 million yuan through a private placement to its controlling shareholder's concerted actors" type: "News" locale: "en" url: "https://longbridge.com/en/news/239847563.md" description: "According to the Zhitong Finance APP, LHM disclosed a plan to issue A-shares to specific targets, with the issuance targets being Mr. Guo Hao and Mr. Guo Chuan, who are concerted actors of the controlling shareholder and actual controller. They will subscribe to the A-shares issued to specific targets in cash. The total amount of raised funds will not exceed 600 million yuan (including the principal), and the net amount of raised funds after deducting issuance expenses will be used entirely to replenish working capital and repay loans" datetime: "2025-05-12T12:34:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/239847563.md) - [en](https://longbridge.com/en/news/239847563.md) - [zh-HK](https://longbridge.com/zh-HK/news/239847563.md) generator: "portal-rs" --- # LHM plans to raise no more than 600 million yuan through a private placement to its controlling shareholder's concerted actors According to the Zhitong Finance APP, LHM (002535.SZ) disclosed a plan to issue A-shares to specific targets, with the issuance targets being Mr. Guo Hao and Mr. Guo Chuan, who are concerted actors of the controlling shareholder and actual controller. They will subscribe to this issuance of A-shares in cash. The total amount of raised funds will not exceed 600 million yuan (including the principal), and the net amount of raised funds after deducting issuance costs will be used entirely to supplement working capital and repay loans ### Related Stocks - [002535.CN](https://longbridge.com/en/quote/002535.CN.md) ## Related News & Research - [US Plains HRW Wheat-Basis flat to up with limited trade](https://longbridge.com/en/news/296655424.md) - [PEH appoints Constantin Stuerner to management board as of Aug. 21](https://longbridge.com/en/news/296689717.md) - [Collins asks White House to consider 'negative impact' of Canada trade war](https://longbridge.com/en/news/296690465.md) - [13:35 ETMatan Companies Signs Two New Industrial Leases Totaling More Than 92,000 SF in Frederick, MD](https://longbridge.com/en/news/296641992.md) - [Insurance giant is sending record $5B dividend payments to customers](https://longbridge.com/en/news/296395254.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**