According to the Zhitong Finance App, Baitong Energy (001376.SZ) released a plan to issue shares to specific targets using a simple procedure for 2026. The total amount of capital to be raised by issuing shares to specific targets using the simple procedure is no more than 247 million yuan, and no more than 20% of the company's net assets at the end of the most recent year. After deducting the issuance fees, it will all be used for the following projects: Siyang Baitong Cogeneration Phase III Project, Lianyungang Baitong Huanghai Grain and Oil Technology Industrial Park Steam Pipeline Network.

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