Dongwu Securities (601555.SH) plans to raise no more than 6 billion yuan through private placement.

ZhitoFinance APP News, Dongwu Securities (601555.SH) disclosed the plan to issue A-shares to specific targets, including the controlling shareholder Guofa Group and its concerted action person, Suzhou Yingcai, a total of no more than 35 specific targets who meet the conditions stipulated by the China Securities Regulatory Commission and the Shanghai Stock Exchange. Guofa Group's subscription amount is 1.5 billion yuan, and Suzhou Yingcai's subscription amount is 500 million yuan. The total amount of funds raised shall not exceed 6 billion yuan, which will be used for: capital increase for subsidiary companies, investment in IT and compliance risk control, wealth management business, purchasing technology innovation bonds and other bond investment businesses, market-making business, debt repayment, and supplementary operating funds.