On August 9th, GeLongHui reported that Huayi Brothers Media Corporation (300027.SZ) announced the issuance of stocks to specific objects. The number of stocks issued this time is determined by dividing the total amount of funds raised by the issuance price. At the same time, the number of stocks issued this time does not exceed 776,861,657 shares (28% of the total pre-issuance share capital), and is less than 30% of the company's total pre-issuance share capital.
The total amount of funds raised for this issuance of stocks to specific objects does not exceed 1.029 billion yuan. After deducting the issuance expenses, 0.71999 billion yuan is intended to be used for film and television projects, and 0.309 billion yuan is intended to be used for supplementing working capital.