Nanning Sugar revises share issue plan for 2023

Nanning Sugar Industry (SZSE:000911) has announced revisions to its 2023 plan to issue A-shares to specific targets, citing changes in its operational situation and the external environment. The revisions, detailed in an updated prospectus, primarily concern financial data, investment amounts for specific projects, and the company's assessment of the potential impact of the share issuance. Key changes include updated information on the company's business scope, financial results, and the approval process. Nanning Sugar has also updated its analysis of the feasibility and impact of using the raised capital. Investors are advised that the plan remains subject to regulatory approval from the Shenzhen Stock Exchange and the China Securities Regulatory Commission.