Zhongguancun Science-Tech Leasing completes domestic share subscription
Zhongguancun Science-Tech Leasing has announced the completion of its previously proposed domestic share subscription, resulting in amendments to the company's Articles of Association and adjustments to its 2024 profit distribution plan. All conditions precedent to the share subscription agreements were met, with completion occurring on July 4, 2025. The company issued 281,768,000 subscription shares to ZGC Finance and Wangjing Development at a price of RMB1.81 per share, raising net proceeds of approximately RMB507 million. The company intends to allocate approximately 90% of the net proceeds to bolster its finance leasing business, with the remaining 10% aimed at industry & finance integration. Following the subscription, the company's total issued shares increased to 1,615,102,000. Consequently, the final dividend is adjusted to RMB0.059 per share.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
News Alerts
Get instant email alerts when Zhongguancun Science-Tech Leasing publishes news
Free account required • Unsubscribe anytime