According to Zhitong Finance App News, Fosu Technology (000973.SZ) disclosed plans to issue A-shares to specific targets in 2026. After deducting issuance fees, it is intended to be used for the Shaoguan base green high-end wet membrane project with an annual output of 4 billion square meters, Wu'an Jinli New Energy Co., Ltd.'s green high-end coated diaphragm project with an annual output of 4 billion square meters, and supplementary working capital. The distribution targets are no more than 35 legal entities, natural persons or other legal investment organizations that meet the requirements stipulated by the supervisory authority, including Guangxin Group, the controlling shareholder. Among them, the controlling shareholder Guangxin Group plans to subscribe for no less than 400 million yuan (inclusive) and no more than 1 billion yuan (inclusive).

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.