Shifeng Group (600469.SH) plans to raise no more than 1.1 billion yuan through a private placement to its controlling shareholders and others.
Zhitong Finance APP News, Aeolus Shares (600469.SH) disclosed the issuance of A shares to specific targets, including up to 35 (including 35) specific targets that meet the conditions stipulated by the China Securities Regulatory Commission, including the company's controlling shareholder Rubber Company. Rubber Company intends to subscribe to the issuance of shares to specific targets in cash for an amount not less than 200 million yuan (including this amount) and not more than 300 million yuan (including this amount). The total amount of funds to be raised in this issuance is not more than 1.1 billion yuan (including this amount), and the net amount of funds raised after deducting issuance expenses is intended to be used for the high-performance giant engineering radial tire capacity expansion project.
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