GZPR(SH:600684) Zhong Guo Jing Ji Wang·2025-07-25 02:41Core Viewpoint - The company, Zhujiang Co., 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] Group 1: Share Issuance Details - The total amount to be raised from the share issuance is not to exceed 737.63 million yuan, which will be used to supplement working capital and repay debts [1] - The shares will be issued at a price of 2.92 yuan per share, which is 80% of the average trading price over the last 20 trading days prior to the pricing date [2] - The number of shares to be issued will not exceed 252,613,560 shares, representing 30% of the total share capital before the issuance [2] Group 2: Shareholder Information - The issuance is directed towards Guangzhou Zhujiang Industrial Group Co., Ltd., the controlling shareholder of Zhujiang Co., which holds 31.10% of the company's shares [2] - The controlling interest of the company will not change post-issuance, as the actual controller remains the State-owned Assets Supervision and Administration Commission of the Guangzhou Municipal Government [2] Group 3: Regulatory and Advisory Information - The issuance is subject to approval from the CSRC after the Shanghai Stock Exchange's review [1] - The sponsor for this issuance is China International Capital Corporation, with representatives Ji Chaohui and Dang Yi [2]