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Yunnan Copper Industry: Issuing stocks to China Aluminum Group and China Copper Industry to raise 1.5 billion yuan
Yunnan Copper Industry announced that the company issued shares to China Aluminum Group and China Copper Industry, raising 1.5 billion yuan. After deducting underwriting fees of 7.0755 million yuan (excluding VAT), the net funds raised amounted to 1.493 billion yuan. This issuance involved 165 million shares at an issue price of 9.07 yuan per share. The new share capital is 165 million yuan, and the additional capital reserve is 1.328 billion yuan. The shares issued this time are restricted circulating shares with sale conditions. They will be listed and traded on the Shenzhen Stock Exchange starting from the trading day immediately after the end of the lock-up period.