QianNeng HengXin (300191.SZ) plans to raise no more than 200 million yuan through a private placement to supplement working capital and repay bank loans.

Zhihong Finance APP news, Qenneng Hengxin (300191.SZ) disclosed its plan to issue A-shares to specific targets for the year 2026. The total amount of funds raised from this issuance will not exceed 200 million yuan (inclusive). The net proceeds from the fundraising, after deducting issuance expenses, will be used entirely to replenish working capital and repay bank loans.