Gaona Aero Material (300034.SZ) announced the A-share stock issuance plan to specific targets in 2024, with a proposed issuance of no more than 21,621,621 shares (including the stated number). The issuance price for this share issuance to specific targets is RMB 12.95/share.
The company's controlling shareholder, China Gaona, will subscribe for the shares issued this time in cash.
The total amount of funds raised in this issue to specific targets will not exceed RMB 280 million (including the stated number), and after deducting the issuance expenses, it is proposed to be used for supplementing working capital.