Tianjin Guoan Mengguli New Materials (301487.SZ) Plans Private Placement to Raise Up to 980 Million Yuan, with Controlling Shareholder Subscribing 200 Million Yuan

Stock News09-10

Tianjin Guoan Mengguli New Materials Science&Technology Co.,Ltd. (301487.SZ) announced its 2025 private placement plan for A-shares to specific investors. The issuance targets include up to 35 specific investors, including the company's controlling shareholder Hengtong New Energy. The company has signed a "Conditional Share Subscription Agreement" with Hengtong New Energy, under which Hengtong New Energy plans to subscribe for 200 million yuan in cash. The total fundraising amount for this issuance is planned not to exceed 980 million yuan (inclusive). After deducting issuance expenses, the proceeds will be invested in the following projects: an annual production capacity of 30,000 tons of lithium-ion battery cathode materials project and supplementing working capital.

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