On June 5th, Gelunhui reported that Shen Nong Group (605296.SH) announced its plan to issue A-shares to specific objects through simple procedures in 2024. The total amount of funds to be raised in this issue is 290 million yuan. After deducting the relevant issuing expenses, all the net proceeds from the funds raised will be used for the following projects: Wushan Township of Honghe Mile Shen Nong Livestock Co., Ltd. annual output of 240,000 high-quality piglets breeding base construction project, Yunnan Shen Nong Group Shilin Livestock Co., Ltd. Linkoupu breeding farm biosafety upgrade technology renovation project, industry chain digital intelligent construction project and supplementary working capital.
神农集团(605296.SH)：拟定增募资不超2.9亿元
Shennong Group (605296.SH): planning to raise no more than 290 million yuan through private placement.
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