Zhi Tong Cai Jing·2025-10-29 23:04Core Viewpoint - Longyuan Power (001289)(00916) plans to issue up to approximately 2.508 billion A-shares to raise a total of no more than RMB 5 billion, aimed at funding specific renewable energy projects [1] Group 1: Fundraising Details - The board of Longyuan Power has proposed to issue shares to no more than 35 specific targets [1] - The total number of shares to be issued will not exceed approximately 2.508 billion [1] - The total fundraising amount is capped at RMB 5 billion, including the principal [1] Group 2: Project Investment - The net proceeds from the fundraising are intended for investment in the 500,000 kW offshore wind power project at Hainan Dongfang CZ8 site [1] - Additionally, funds will be allocated to the "Ningxiang DC" supporting new energy base at Shapotou, which has a capacity of 1,000,000 kW wind power project [1]