Southwest Securities: plans to raise no more than 6 billion yuan through private placement, all of which will be used to supplement capital.

Southwest Securities announced that the company plans to issue A shares to specific entities including Chongqing Yufu Holdings Group and its concerted action party Chongqing Water Environment Holdings Group, raising funds totaling no more than 6 billion yuan. After deducting issuance expenses, the funds will be used entirely to supplement the company's capital, specifically for wealth management business, investment banking business, asset management business, securities investment business, increasing investment in subsidiaries, information technology and compliance risk control construction, debt repayment, and supplementing other operating funds.