ZZDC(SZ:000753) Zheng Quan Shi Bao·2025-08-04 13:11Core Viewpoint - The company, Zhangzhou Development, has announced a plan to issue A-shares to specific investors, including its controlling shareholder, Fujian Zhanglong Group, which will commit to purchasing at least 20% of the total shares issued, reflecting a significant increase from the previous commitment of 10% [1][2] Group 1 - The board of directors approved the proposal for the issuance of A-shares to no more than 35 specific investors, including securities investment funds, securities companies, and insurance institutional investors [1] - The total amount of funds to be raised has been reduced from 1.195 billion yuan to 1.05 billion yuan, which the company attributes to dynamic optimization based on actual project progress and funding needs [1] - The controlling shareholder, Zhanglong Group, will subscribe in cash and will not participate in the pricing inquiry, accepting the market pricing results [1] Group 2 - The raised funds will primarily be allocated to four projects: the integrated ecological comprehensive treatment project of the factory network and river-lake in the Zhangzhou Taiwan Business Investment Zone, the expansion of the third water plant in Zhangzhou, the 100MW (128.6MWp) fish-solar complementary photovoltaic power generation project in Zhangpu, and to supplement working capital [2] - As a key state-owned listed company in Zhangzhou, the company aims to build a "3+1" business system centered on water resource development, new energy, and smart technology, supported by capital operations [2] - The successful implementation of the private placement project is expected to bring significant economic benefits, expand business scale, solidify the water service main business, optimize business structure, accelerate the development of photovoltaic new energy, and enhance sustainable development and risk resistance capabilities [2]