仙鹤股份：拟向特定对象增发募资不超过30亿元

Core Viewpoint - Xianhe Co., Ltd. plans to issue A-shares to specific investors, aiming to raise up to 3 billion yuan for projects and working capital [1] Group 1: Issuance Details - The board of directors approved the issuance plan on September 26, 2025, allowing for up to 35 specific investors [1] - The total number of shares to be issued will not exceed 30% of the company's total share capital before the issuance, approximately 212 million shares [1] - The issuance price will be no less than 80% of the average trading price over the last 20 trading days prior to the pricing date [1] Group 2: Fund Utilization - The raised funds will be allocated to the second phase of the high-performance paper-based new materials project in Guangxi Sanjiangkou New Area, with a total investment of approximately 5.404 billion yuan, of which 2.1 billion yuan will come from the raised funds [1] - Additionally, 900 million yuan will be allocated to supplement working capital, with a total investment of 900 million yuan [1] Group 3: Company Financials - For the year 2024, Xianhe Co., Ltd.'s revenue composition is projected to be 96.05% from the paper industry and 3.95% from other businesses [1] - As of the report date, the market capitalization of Xianhe Co., Ltd. is 16.6 billion yuan [1]