Sinocelltech plans to raise no more than 900 million yuan through a private placement to its controlling shareholder

According to the Zhitong Finance APP, Sinocelltech has disclosed a plan to issue A-shares to specific targets, with the issuer being the company's controlling shareholder, Lhasa Ailike. Lhasa Ailike will subscribe to the shares being issued in cash, with a subscription amount not exceeding 900 million yuan. The number of shares to be issued will not exceed 25 million shares, with an issue price of 36 yuan per share. The total amount of funds raised will not exceed 900 million yuan, and after deducting issuance costs, all funds will be used to replenish working capital

According to the Zhitong Finance APP, Sinocelltech (688520.SH) disclosed a plan for the issuance of A-shares to specific targets. The issuer is the company's controlling shareholder, Lhasa Ailike, which will subscribe to the shares in cash, with the subscription amount not exceeding 900 million yuan. The number of shares issued will not exceed 25 million shares, with an issue price of 36 yuan per share. The total amount of funds raised will not exceed 900 million yuan, and after deducting issuance costs, all funds will be used to replenish working capital