Huahua Group Co., Ltd. (003002.SZ) plans to raise no more than 5.86 billion yuan through private placement, to be used for various projects and to supplement liquidity.

Intelligence Finance News App, HuHua shares (003002.SZ) disclosed a plan to issue A shares to specific targets in 2025. The issue price this time will not be less than 80% of the company's average stock trading price in the 20 trading days before the pricing date. The number of shares issued to specific targets will be determined by dividing the total amount raised by the issue price, and will not exceed 30% of the company's total share capital before this issue, that is, not more than 60 million shares (including this number).