According to Zhitong Finance App News, Yushun Electronics (002289.SZ) disclosed plans to issue A-shares to specific targets. The distribution target is Shanghai Fangwang, the controlling shareholder of the company, and the issuer subscribes to the shares issued by the company in cash. The total amount of capital raised by issuing shares to specific targets this time is no more than 1.5 billion yuan (including capital). The net amount of capital raised after deducting the relevant issuance fees is intended to be used to repay debts and supplement working capital.

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