Baibang Technology: Plans to issue shares to specific targets to raise no more than 295 million yuan

2026-04-10 04:28:51

Baibang Technology announces that in 2026, it plans to issue shares to specific entities, Xingyue Business, with a maximum of 17.65M shares, at a price of 16.71 yuan per share, raising no more than 295 million yuan in total. The net proceeds after deducting issuance costs will be fully used to supplement working capital. This issuance constitutes a related-party transaction, and the shares subscribed to by the issuance target cannot be transferred within 18 months from the end of the issuance.

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