Air China Limited (00753) rose over 3%. As of the time of this report, it is up 2.95%, priced at 4.88 Hong Kong dollars, with a transaction amount of 25.6066 million Hong Kong dollars.
According to Zhito Finance APP, Air China Limited (00753) rose over 3%. As of the time of this report, it is up 2.95%, priced at 4.88 Hong Kong dollars, with a transaction amount of 25.6066 million Hong Kong dollars.
In terms of news, recently, Air China Limited released the prospectus for the issuance of A-shares to specific entities in 2023. The type of stocks issued is ordinary shares in RMB (A-shares), with a par value of 1 yuan per share. The subscribers are the Aviation Industry Corporation of China, with a subscription price set at 7.02 yuan per share, and the number of shares issued is 0.855 billion shares, with total fundraising not exceeding 6 billion yuan.
The funds raised will be used for the introduction of 17 aircraft projects and to supplement working capital. Among them, the total investment amount for the aircraft project is 7.571 billion yuan, with 4.2 billion yuan planned to be invested from the raised funds, and 1.8 billion yuan to supplement working capital. As of the end of 2023, the company's unfilled book losses are 30.495 billion yuan, which is expected to increase to 33.278 billion yuan by the end of June 2024, facing certain financial pressures. This issuance aims to optimize the capital structure, enhance financial stability, improve the company's comprehensive risk resistance capacity, and assist in the company's high-quality development.