AikoSolar(SH:600732) Zhong Guo Jing Ji Wang·2025-07-06 08:10Core Viewpoint - Aishuo Co., Ltd. has received approval from the Shanghai Stock Exchange for its application to issue shares to specific investors, pending final approval from the China Securities Regulatory Commission (CSRC) [1][2]. Fundraising Details - The total amount to be raised from the issuance is not to exceed 350 million yuan, which will be allocated to the Yiwu Phase VI 15GW high-efficiency crystalline silicon solar cell project and to supplement working capital [1][2]. - The total investment for the Yiwu Phase VI project is approximately 851.59 million yuan, with 300 million yuan planned to be funded from the issuance [2]. Issuance Structure - The shares will be issued as domestic listed ordinary shares (A-shares) with a par value of 1.00 yuan per share [2]. - The issuance will target no more than 35 specific investors, including qualified institutional investors such as securities investment fund management companies, securities companies, trust investment companies, financial companies, insurance institutions, and qualified foreign institutional investors [2][3]. Pricing and Control - The pricing benchmark for the issuance will be set on the first day of the issuance period, with the final price determined after obtaining CSRC approval based on market inquiries [3]. - The maximum number of shares to be issued is 547,893,181, which would increase the total share capital from 1,826,310,605 shares to 2,374,203,786 shares, while the controlling shareholder's stake will decrease to 24.07%, ensuring no change in control [4]. Underwriting - The lead underwriter for this issuance is Huatai United Securities Co., Ltd., with representatives Li Mingkang and Fan Lei [4].