Xian International Medical Investment Co LtdPrivate placement approved to raise up to 1.008 billion yuan for projects and working capital.

International Medical's application to issue shares to specific investors has been approved by the Shenzhen Stock Exchange. The company plans to raise total funds of no more than 1.008 billion yuan. After deducting issuance expenses, the funds will be allocated to three projects: 638 million yuan for the smart health and elderly care project, 99.9313 million yuan for the second phase of the proton therapy center project, and the remaining 270 million yuan to supplement working capital. The Shenzhen Stock Exchange determined that the company meets the requirements for issuance, listing, and information disclosure, and will subsequently report to the China Securities Regulatory Commission for the registration process as required. The number of shares to be issued in this offering will not exceed 672 million shares, representing no more than 30% of the total share capital before the issuance.
Xian International Medical Investment Co LtdPrivate placement approved to raise up to 1.008 billion yuan for projects and working capital.