Youken New Materials (600206.SH) announced a plan to issue A-shares to specific targets in 2024. This time, to Te...
According to Zhitong Finance App News, Youyan New Materials (600206.SH) released a plan to issue A-shares to specific targets in 2024. The current issuance target for A-shares to specific targets is China Youken, the controlling shareholder of the company. China is planning to use cash to subscribe for all of the shares issued this time. The issuance of A-shares to a specific target constituted a related transaction.
The pricing reference date for the issued shares is the date of announcement of the company's board of directors resolution on the current issuance of shares. The issue price of this issue is 8.93 yuan/share, which is not less than 80% of the average stock trading price in the 20 trading days before the pricing benchmark date. The number of A-shares issued to specific targets is 35,823,069 shares, which is no more than 30.00% of the total share capital of the company before this offering.
The total amount of capital raised in this distribution to specific targets is estimated to be no more than 320 million yuan (including the number of shares). The net amount of capital raised after deducting the issuance fee is intended to repay the special debt allocated by the state.