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Baiyun Airport plans private share placement to boost finances

May 21, 2025 at 05:11 PM UTCBy FilingReader AI

Guangzhou Baiyun International Airport (SSE:600004) is planning a private placement of shares to raise funds and bolster its balance sheet, according to a recent filing. The company intends to issue no more than 209,698,558 A shares, priced at CNY7.63 each, to its controlling shareholder, Guangdong Airport Management Group. This move aims to raise a total of approximately CNY1.6 billion.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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