XTC(SH:600549) Ge Long Hui·2025-11-18 09:37Core Viewpoint - Xiamen Tungsten Co., Ltd. announced that its subsidiary, Jinlong Rare Earth, has been listed on the National Equities Exchange and Quotations (NEEQ) and plans to implement a targeted stock issuance plan to raise funds for working capital [1] Group 1: Stock Issuance Details - The company intends to issue up to 26.68 million shares of common stock at a price of 1.50 RMB per share, based on the audited net asset value for the year 2024 [1] - The expected total amount to be raised is not more than 40.02 million RMB [1] - All existing shareholders of Jinlong Rare Earth will subscribe to the new shares in proportion to their current holdings [1] Group 2: Subscription Amounts - The company and related parties plan to subscribe for amounts of 26.09 million RMB, 2.20 million RMB, 0.80 million RMB, and 0.80 million RMB respectively [1]