Wangli Security (605268.SH) plans to raise up to 300 million yuan through a private placement.

Zhitong Financial News App learned that Wangli Security (605268.SH) disclosed the plan to issue A shares to specific objects through a simple procedure in 2024. The company's issuance this time will be conducted through a simple procedure to specific objects, with the number of issued objects not exceeding 35 (including 35). The issued objects include securities investment fund management companies, securities companies, trust companies, financial companies, insurance institutions investors, qualified overseas institutional investors, RMB qualified overseas institutional investors, and other institutional investors specified by the China Securities Regulatory Commission, as well as other legal entities, individuals or other legal investment organizations specified by the China Securities Regulatory Commission. The total amount of funds to be raised shall not exceed 300 million yuan, and the net amount of funds raised after deducting related issuance expenses shall be used entirely for the intelligent door and window series products project of Hubei Wangli Security Products Co., Ltd.