Shanghai Guao Electronic Technology Co.,Ltd. (300551.SZ) disclosed its 2025 private placement plan for A-shares. The company intends to issue no more than 40 million shares to Xu Yinghui at a price of 10.80 yuan per share. The total funds raised from this private placement will not exceed 432 million yuan (inclusive), all of which will be used to supplement working capital after deducting issuance expenses.
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