Fulongma: Plans to issue stocks to specific targets to raise no more than 1.005 billion yuan

2026-02-28 02:24:48

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Fulongma Announcement: The company plans to issue no more than 1.25 billion shares to specific investors to raise up to 1.005 billion yuan. After deducting issuance costs, the funds will be used for the construction of the Intelligent Sanitation Operation Integrated Service Platform (82,036.50 million yuan) and the R&D Center for Unmanned Sanitation Equipment (18,500.00 million yuan). The issuance price will not be lower than 80% of the average trading price of the company’s stock during the 20 trading days prior to the pricing date. This issuance aims to promote the company’s strategic transition from a “product provider” to an “overall environmental service solutions provider” and enhance its overall competitiveness in the sanitation service market.

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