Zhitong Financial App News, Renren (002336.SZ) released a plan to issue A-shares to specific targets in 2023. The number of shares the company plans to issue to specific targets is not less than 44.6097 million shares (including number) and no more than 132 million shares (including number), the number of shares issued does not exceed 30% of the company's total share capital before this issue, and the total issuance price is 1,345 yuan/share. The total amount of capital raised to specific targets this time is not less than 600 million yuan (including principal amount) and no more than 1,775.4 billion yuan (including principal amount). After deducting the issuance fee will be deducted Used to supplement working capital.

Furthermore, the issuer of this issue is Yongle Commercial Management, and the issuer subscribes for the shares issued to a specific target in cash. Yongle Business Management has signed a conditional share subscription agreement with the company.