---
title: "ZSIG plans to raise no more than 407 million yuan through a private placement"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/253228011.md"
description: "ZSIG plans to issue shares to specific targets, raising no more than 407 million yuan. After deducting issuance costs, the raised funds will be used to repay special payables to China Agricultural Development Group and to supplement working capital. The issuance targets are China Agricultural Development Group and Huazhong Agricultural Assets, both of which have signed a share subscription agreement"
datetime: "2025-08-15T13:02:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/253228011.md)
  - [en](https://longbridge.com/en/news/253228011.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/253228011.md)
generator: "portal-rs"
---

# ZSIG plans to raise no more than 407 million yuan through a private placement

According to the Zhitong Finance APP, ZSIG (600313.SH) announced that the company plans to issue shares to specific targets, raising a total amount not exceeding 407 million yuan (including the principal). After deducting issuance costs, the actual net amount raised will be used to repay the company's special payables to China Agricultural Development Group formed by state-owned capital grants and to supplement working capital. The targets of this issuance are China Agricultural Development Group and Huazhong Assets, which intend to subscribe to all the shares issued by the company in cash. China Agricultural Development Group and Huazhong Assets have signed a "Conditional Share Subscription Agreement" with the company

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**