Kexin Development: Emite acciones A a Lian Zongsheng para recaudar 301 millones de yuanes

Kexin Development Announcement, the plan for the company’s issuance of A-shares to specific targets in 2026 has been approved by the board of directors.
The target for the issuance is Lian Zongsheng, who will subscribe to all shares in cash, with an issuance price of 11.48 yuan per share, an issuance quantity of 26.2521 million shares, and a total fundraising amount of 301 million yuan.
After deducting issuance costs, the net proceeds will be used to supplement working capital.
Upon completion of this issuance, Lian Zongsheng and its concerted actors will hold more than 30% of the shares, and they have committed not to transfer the subscribed shares within 36 months.

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