China Construction is able to complete the issuance of A-shares to specific targets, raising a total of 6.5 billion yuan.

On March 19, China Energy Construction successfully completed the issuance of A shares to specific targets. The total amount raised in this issuance is 6.5 billion yuan, with a subscription multiple of 1.17 times. The issuance price is 2.55 yuan per share, which is a 28.79% premium over 80% of the average price of the previous 20 trading days before the issuance. The raised funds will be used entirely in strategic emerging industries such as new energy systems and green low-carbon energy.