002386SZSE
🚨 Material Event

Yibin Tianyuan Group Co., Ltd. 2026 Annual Stock Issuance Plan to Specific Objects (Revised Draft)

Yibin Tianyuan Group Co., Ltd.··50 pages

✨ AI Summary

Yibin Tianyuan Group Co., Ltd. plans to issue up to 96,144,578 shares at a price of 4.98 RMB per share to its controlling shareholder, Yibin Development, to raise a maximum of 478.8 million RMB. The funds will be used to repay bank loans and supplement working capital, aiming to optimize the company's capital structure and reduce financial risks. This issuance is subject to approval from the Shenzhen Stock Exchange and the China Securities Regulatory Commission.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

Company Declaration

  1. The company and all members of the board of directors guarantee that the content of this plan does not contain false records, misleading statements, or major omissions, and bear individual and joint responsibility for the authenticity, accuracy, and completeness of its content.
  2. This plan is an explanation from the company's board of directors regarding the issuance of shares to specific objects; any contrary statements are false representations.
  3. The matters described in this plan do not represent the substantive judgment, confirmation, or approval of the approval authority regarding the issuance of shares to specific objects. The matters related to this issuance still require approval from the Shenzhen Stock Exchange and registration with the China Securities Regulatory Commission before implementation. Any decisions or opinions made by the China Securities Regulatory Commission or the Shenzhen Stock Exchange regarding this issuance do not indicate a substantive judgment or guarantee regarding the value of the company's stock or the returns for investors.

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.