Tianyuan Shares' application to issue shares to specific investors has been approved by the Shenzhen Stock Exchange's Listing Review Center, and will next be submitted to the China Securities Regulatory Commission for registration. The company had previously reduced the total fundraising amount from no more than 700 million yuan to no more than 479 million yuan, and the number of shares to be issued from no more than 141 million shares to no more than 96.1446 million shares. The proceeds are intended to repay bank loans and supplement working capital. The subscriber for this issuance is the company's controlling shareholder, Yibin Development. Upon completion, its shareholding together with persons acting in concert will rise to 31.73 percent. The company expects a net profit attributable to the parent company of 180 million to 230 million yuan for the first half of 2026, representing a year-on-year increase of 981.39 percent to 1282.34 percent, with a clear acceleration in performance.
Yibin Tianyuan Group Co LtdPrivate placement approved, raising funds to repay loans and boost working capital, with controlling shareholder subscribing.
