Yuguang Gold Lead: Obtained approval from state-owned assets regulatory authorities for issuing stocks to specific entities, with fundraising not exceeding 1.839 billion yuan.
Yuguang Gold Lead Announcement: The company's issuance of stocks to specific entities has been approved by the State-owned Assets Supervision and Administration Bureau of Jiyuan Production and City Integration Demonstration Zone, which has in principle agreed to the issuance plan. The number of shares issued will not exceed 363 million, and the total funds raised will not exceed 1.839 billion yuan. It is also in principle agreed that the controlling shareholder, Yuguang Group, will participate in the subscription with cash. This matter still requires approval from the companys shareholders' meeting, approval from the Shanghai Stock Exchange, and registration approval from the China Securities Regulatory Commission before it can be implemented.
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