On the evening of June 11th, Shanghai Kai Kai Industrial (600272) announced that it had recently received approval from the Shanghai State-owned Assets Supervision and Administration Commission regarding the issuance of A shares of stock to specific parties. The commission has given Shanghai Kai Kai approval to issue 25.2 million A shares of stock to Shanghai Kai Kai (Group) Co., Ltd. (SS), raising a total of no more than RMB 206 million (including par value).
开开实业：2024年度向特定对象发行A股股票获上海国资委批复
Shanghai Kai Kai Industrial has received approval from the Shanghai State-owned Assets Supervision and Administration Commission to issue A shares of stock to a specific group in 2024.
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