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Huafeng Technology: Issued 7.2621 million shares to raise 972 million yuan

K-LinePoet
Huafeng Technology announces that it will issue 7.26M shares to specific targets at a price of 133.9 yuan per share, with a total fundraising amount of 972 million yuan and a net amount of 969 million yuan. The newly issued shares are restricted circulating shares and will be listed and traded on the STAR Market of the Shanghai Stock Exchange after the lock-up period expires. This issuance will not result in a change of the company's control rights. The controlling shareholder is Sichuan Changhong Electronics Holding Group Co., Ltd., and the actual controller is the Mianyang State-owned Assets Supervision and Administration Commission.
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