Xi'an tourism: plan to issue A shares to specific investors to raise funds of no more than 300 million yuan.

date
07/11/2025
Xi'an Tourism Announcement: The company plans to issue A shares to specific investors to raise a total of no more than 300 million yuan. The net proceeds from the issuance, after deducting issuance costs, will be used to supplement working capital and repay bank loans. The issuing entity is Xi Lu Group, with an issuance price of 9.8 yuan per share and an issuance quantity not exceeding 30.61 million shares, representing 12.93% of the company's total share capital before the issuance. Xi Lu Group will subscribe to the shares in full in cash, making this issuance a related party transaction.