Hanyu Pharmaceutical (300199.SZ) plans to raise funds through private placement of shares for up to 968 million yuan, which will be used for multiple projects and to supplement working capital.

According to the Zhitong Finance and Economics APP, Hanyu Pharmaceuticals (300199.SZ) disclosed a plan to issue A-shares to specific investors in the year 2025. The company plans to issue shares to no more than 35 (including 35) specific investors at a price not lower than 80% of the average trading price of the company's stock in the 20 trading days before the pricing reference date. The number of shares to be issued will be determined by dividing the total amount of funds raised by the issue price, and will not exceed 30% of the total share capital before this issuance to specific investors.