Guoxuan High-Tech: Issuance of shares to specific targets to raise funds will be used for the company's new production projects and to supplement working capital.

2026-04-07 03:01:48

Securities Daily News: On April 6, Gotion High-Tech, in response to an investor question on an interactive platform, stated that the proceeds raised from the stock issuance to specific parties will be used for the company’s newly constructed production projects and to replenish working capital. The pricing benchmark date for this issuance is the first day of the issuance period. The issue price will not be less than 80% of the company’s A-share stock average price over the 20 trading days prior to the pricing benchmark date. The final issue price will be agreed upon through a bidding process, following principles such as price priority.

(Edited by Ren Shibi)

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