Foshan New Materials: Issued 21.6473 million shares to specific individuals and completed registration on March 3rd.

date
04/03/2026
Fulai New Material Announcement: The company has issued 21.6473 million shares to specific investors at a price of 32.66 yuan per share, raising a total of 707 million yuan. The issuance-related expenses were 14.9292 million yuan (excluding taxes), with a net amount of 692 million yuan raised. The newly issued shares were registered, deposited, and restricted from trading at the Shanghai branch of the China Securities Depository and Clearing Corporation on March 3, 2026. These shares are subject to restrictions and will be listed on the Shanghai Stock Exchange main board for trading on the next trading day after the expiration of the restriction period.