Zhitong Finance App News, Baiyunshan (600332.SH) announced that the company's holding subsidiary Guangzhou Pharmaceutical Co., Ltd. (“Guangzhou Pharmaceutical”) plans to introduce strategic investors and implement targeted stock issuance through public listing on the Guangzhou Property Exchange. The plan is to solicit no more than 15 investors, the issuance price is not less than 3.46 yuan/share, the targeted issuance of no more than 1,734 billion shares, and the scale of capital raised is no more than 6 billion yuan. According to the Guangzhou Pharmaceutical Regulations, companies with this capital increase and stock expansion do not enjoy priority subscription rights.

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