DO&SH plans to raise no more than 360 million yuan through a private placement, fully subscribed by Shuihua Zhiyun
DO&SH plans to issue A-shares to specific targets, raising no more than 360 million yuan, with an issue price of 5.05 yuan per share. The funds raised will be used to supplement working capital and repay interest-bearing liabilities
According to the Zhitong Finance APP, DO&SH (002798.SZ) has announced a plan to issue A-shares to specific targets for the year 2025. The target for this issuance is Shuihua Zhiyun, which intends to subscribe to all the shares issued in this round with cash in RMB. The issuance price is set at 5.05 yuan per share, and the issuance price will not be lower than the average price of the 20 trading days prior to the pricing benchmark date.
The total amount of funds to be raised in this issuance will not exceed 360 million yuan (including this amount, and the total amount has been deducted by the portion exceeding 30% of the previous fundraising amount used to supplement working capital), and after deducting issuance expenses, it is intended to be fully used to supplement working capital and repay interest-bearing liabilities
