Haitong Development (603162.SH) plans to raise no more than 210 million yuan through private placement for the purchase of bulk cargo vessels.

Zhito Financial News App reports that Haitong Development (603162.SH) has disclosed a plan to issue A-shares to specific entities, with the subscribers being Dayunming Investment and Dalan Investment, who will subscribe in cash. Dayunming Investment and Dalan Investment are related parties controlled by the company's controlling shareholder and actual controller Zeng Erbin. The total amount of funds raised will not exceed 210 million yuan (including this amount), and the net proceeds after deducting issuance expenses will be used for the purchase of dry bulk carriers.