Gelonghui December 5th 丨Dongbai Group (600693.SH) announced plans for the 2022 non-public offering of A-shares.thisThe number of sub-public shares issued did not exceed 202,743,900 shares (including principal amount), not more thanthisFeng Qi Investment plans to subscribe for 30% of the company's total share capital before the second issuance in cash.
thisThe issue price of the sub-private offering was 3.28 yuan/share, not less than 80% of the average trading price of the company's shares in the 20 trading days before the pricing benchmark date.
thisThe distribution target of the second private offering was Feng Qi Investment, with a total of 1 specific target. Feng Qi Investment is the controlling shareholder of the company and is a related party to the company. Feng Qi's investment passedthisShares subscribed to during the second non-public offering may not be transferred within 18 months from the end of the offering.
thisThe total amount of capital to be raised in the second issue is no more than RMB 665 million (including principal amount). After deducting the relevant issuance fees, all of it will be used to supplement working capital and repay bank loans.