XTC(SH:600549) Ge Long Hui A P P·2025-11-18 09:40Core Viewpoint - Xiamen Tungsten Co., Ltd. announced that its subsidiary, Jinlong Rare Earth, is planning a private placement of shares to raise funds for working capital, with a maximum issuance of 26.68 million shares at a price of 1.50 RMB per share, aiming to raise up to 40.02 million RMB [1] Group 1 - Jinlong Rare Earth has been listed on the National Equities Exchange and Quotations (NEEQ) [1] - The private placement will involve existing shareholders subscribing according to their shareholding ratios [1] - The expected total amount to be raised is up to 40.02 million RMB [1] Group 2 - The proposed share issuance includes subscriptions from the company and related parties, with specific amounts from each [1] - The amounts proposed for subscription are 26.09 million RMB from the company, 2.20 million RMB from Yekong Fund, and 0.80 million RMB each from Chuanghe Xincai and Jiatai Green Energy [1]