ST Intelligent Cloud: Plans to raise no more than 250 million yuan through private placement.

date
16/03/2026
ST Smart Cloud Announcement: In 2026, it is planned to issue stocks to specific objects to raise funds not exceeding 250 million yuan. The net proceeds of the funds raised, after deducting related issuance expenses, are intended to be used entirely for supplementary working capital. The number of shares to be issued this time shall not exceed 37.9363 million shares, with an issue price of 6.59 yuan per share, not less than 80% of the average trading price of the company's stock for the 20 trading days before the pricing reference date. The specific objects to whom the shares are issued this time are Huidafuni, which is the controlling shareholder of the company, and the subscription funds shall be in RMB cash. This issuance is still subject to approval by the company's shareholders' meeting, approval by the Shenzhen Stock Exchange, and registration approval by the China Securities Regulatory Commission before it can be implemented.