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Shiming Technology announced that the company plans to issue shares to the controlling shareholder, Jiangsu Fenghui, with a total capital of no more than 310 million yuan. After deducting the issuance fee, it will be used for a special nanopigment dispersion project with an annual output of 5,000 tons of LCD display photoresist and supplementary working capital. This offering constitutes a related transaction, and the shares subscribed by the issuer cannot be transferred for 36 months from the end of the issuance.
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Shiming Technology announced that the company plans to issue shares to the controlling shareholder, Jiangsu Fenghui, with a total capital of no more than 310 million yuan. After deducting the issuance fee, it will be used for a special nanopigment dispersion project with an annual output of 5,000 tons of LCD display photoresist and supplementary working capital. This offering constitutes a related transaction, and the shares subscribed by the issuer cannot be transferred for 36 months from the end of the issuance.
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