Shutai Shen (300204.SZ) plans to issue additional shares to raise funds not exceeding 1.253 billion yuan.

Zhtng Cijng APP news, Shti Shn (300204.SZ) has released a 2025 annual plan for issuing stocks to specific targets. The total amount of funds raised in this issuance shall not exceed (including) RMB 1.253 billion, and the net proceeds after deducting related issuance expenses shall be used for the following projects: RMB 0.883 billion for innovative drug research and development projects; RMB 0.37 billion for supplementing working capital.