According to Zhitong Finance App News, China Machinery Heavy Equipment (601399.SH) disclosed plans to issue A-shares to specific targets. The distribution target is China Machinery Group, the controlling shareholder and actual controller of the company, and plans to subscribe for all shares issued in cash. The total amount of capital raised in this offering did not exceed 444 million yuan (including the number of shares), all of which were used to supplement working capital.

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