Core Viewpoint - Runong Water Saving (920964.BJ) plans to raise a total of no more than RMB 84.51 million through a private placement of shares, with the funds intended for replenishing working capital and repaying bank loans [1] Group 1: Share Issuance Details - The shares will be issued to Hubei Xiangtou Group, which will subscribe to all shares in cash [2] - The issue price is set at RMB 6.26 per share, which is not less than 80% of the average trading price over the 20 trading days prior to the pricing benchmark date [2] - A total of 13.5 million shares will be issued, accounting for no more than 30% of the company's total share capital before the issuance [2] Group 2: Related Party Transactions - Hubei Xiangtou Group is the controlling shareholder of the company, making this issuance a related party transaction [3] - There will be no change in the company's control before and after the issuance [3] Group 3: Previous Fundraising - The company previously raised RMB 188 million by issuing 40 million shares at RMB 4.70 per share in July 2020, with a net amount of RMB 175.51 million after deducting fees [3]