Zhitong Finance App News, XinJingang (300629.SZ) issued an announcement. In order to further promote the company's business development, meet the company's business development capital requirements, seize market opportunities, and enhance the company's core competitiveness and sustainable development capabilities, the company plans to issue RMB 300 million (A shares) listed in China to no more than 35 specific targets with a total financing amount of not more than RMB 300 million and no more than 20% of net assets at the end of the most recent year, with a face value of RMB 1.00. The number of shares issued is determined by dividing the total amount of capital raised by the issuance price, no more than before issuance 30% of the company's total share capital, and the issue price is not lower than 80% of the average price of the company's stock in the 20 trading days before the pricing benchmark date.

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