Shanghai Kai Kai Industrial has announced that the company has recently received the "Reply regarding the issuance of A-shares of Shanghai Kai Kai Industrial Co., Ltd. to specific objects" issued by the Shanghai State-owned Assets Supervision and Administration Commission. The Shanghai State-owned Assets Supervision and Administration Commission has tentatively agreed to the company's plan to issue 25.2 million A-shares of stocks to Shanghai Kai Kai (Group) Co., Ltd., raising a total of no more than 205.884 million yuan (including principal).
开开实业：定增申请获上海市国资委批复
Shanghai Kai Kai Industrial: Approved for private placement application by the Shanghai State-owned Assets Supervision and Administration Commission.
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