LYCG(SH:600491) Sou Hu Cai Jing·2025-05-31 06:19Core Viewpoint - Longyuan Construction has received approval from the China Securities Regulatory Commission for a specific stock issuance, which is expected to enhance its capital structure and support future growth initiatives [1][3]. Company Announcements - Longyuan Construction's stock closed at 3.81 yuan on May 30, 2025, down 0.78% from the previous week, with a total market capitalization of 5.828 billion yuan, ranking 6th in the housing construction sector and 2514th in the A-share market [1]. - The company’s board approved the establishment of a special account for raised funds and authorized the signing of a fund supervision agreement, ensuring that the raised funds will be managed in compliance with regulations to protect investor interests [2]. - The independent directors of Longyuan Construction also approved the establishment of a special account for raised funds, emphasizing that this measure aligns with regulations and protects the interests of the company and its shareholders [2].