According to Zhitong Finance App News, Wandes (688178.SH) announced a plan to issue A-shares to specific targets in 2026. The current issuance target is Wuhu Yuanchang Equity Investment Co., Ltd. The issuer intends to subscribe for the shares issued in cash. Wuhu Yuanchang Equity Investment Co., Ltd. is a wholly-owned subsidiary of Ruiyuan International, the indirect controlling shareholder of the company, and is a related party to the company. Therefore, the act of Wuhu Yuanchang Equity Investment Co., Ltd. subscribing to the issued shares constitutes a related transaction. The total capital raised by issuing A-shares to specific targets this time is no more than RMB 500 million (including capital), after deducting issuance fees, all of which will be used to repay interest-bearing debt and supplement working capital.

Zhitongcaijing · 21h ago
According to Zhitong Finance App News, Wandes (688178.SH) announced a plan to issue A-shares to specific targets in 2026. The current issuance target is Wuhu Yuanchang Equity Investment Co., Ltd. The issuer intends to subscribe for the shares issued in cash. Wuhu Yuanchang Equity Investment Co., Ltd. is a wholly-owned subsidiary of Ruiyuan International, the indirect controlling shareholder of the company, and is a related party to the company. Therefore, the act of Wuhu Yuanchang Equity Investment Co., Ltd. subscribing to the issued shares constitutes a related transaction. The total capital raised by issuing A-shares to specific targets this time is no more than RMB 500 million (including capital), after deducting issuance fees, all of which will be used to repay interest-bearing debt and supplement working capital.