FilingReader Intelligence

Yuan Longping Hi-Tech completes private placement to CITIC Agriculture

April 24, 2025 at 05:16 AM UTCBy FilingReader AI

Yuan Longping High-Tech Agriculture (SZSE:000998) has successfully completed a private placement of 152,477,763 A shares to its controlling shareholder, CITIC Agriculture Technology Co., Ltd. The issuance, priced at CNY 7.87 per share, generated gross proceeds of CNY 1,199,999,994.81. After deducting issuance expenses of CNY 12,473,584.90, the net proceeds totaled CNY 1,187,526,409.91.

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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