Laplace: plans to issue A shares to specific objects for fundraising of no more than 2.201 billion yuan.
The Laplace announcement stated that the company's board of directors approved a plan to issue A shares to specific parties, with a total fundraising amount not exceeding 2.201 billion yuan, to be used for the research and development of photovoltaic and semiconductor high-end equipment projects, the construction of the second phase of the Wuxi photovoltaic high-end equipment base, digitalization and intelligent upgrading projects, and supplementary working capital after deducting issuance expenses. The number of recipients in this issuance shall not exceed 35, the issuance price shall not be lower than 80% of the average stock trading price of the 20 trading days before the pricing benchmark date, and the maximum issuance quantity shall not exceed 122 million shares. This proposal still needs to be submitted to the shareholders' meeting for approval.
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