天风证券定增获上交所受理

Group 1 - Tianfeng Securities has received acceptance from the Shanghai Stock Exchange for its private placement, targeting Hubei Hongtai Group, with a total fundraising amount not exceeding 4 billion yuan (including principal) [1] - The funds raised will be used to increase the company's capital, supplement working capital, and repay debts after deducting issuance costs [1] - The board meeting held on August 20, 2024, approved the revised proposal for the issuance of A-shares to specific targets for the year 2023 [1] Group 2 - In the current regulatory framework focused on net capital and liquidity, capital strength remains a key factor for securities companies to enhance their competitive advantage [1] - As a mid-sized securities firm, Tianfeng Securities aims to appropriately supplement its capital to promote comprehensive business development and improve business quality, which is essential for maintaining a competitive position in the future industry landscape [1] - The issuance of shares to specific targets is subject to approval from the Shanghai Stock Exchange and registration by the China Securities Regulatory Commission, introducing a degree of uncertainty regarding the approval process and timeline [1]