Yinglite Chemical Completes A-share Refinancing of 684 Million Yuan
2025-8-15
On August 12, Yinglite Chemical disclosed the report on the issuance of stocks to specific objects (referred to as refinancing). The report shows that the company issued A-share ordinary shares to 15 investors, raising 684 million yuan, which has effectively met the capital needs of some development projects and laid the foundation for further strengthening the company¡äs integrated industrial chain and promoting high-quality development through green and low-carbon transformation.
This refinancing refers to the non-public issuance of ordinary shares to no more than 35 specific investors to raise funds, with a total amount not exceeding 700 million yuan. Among them, the controlling shareholder will subscribe for no more than 50% of the shares. The funds will be mainly used for the company¡äs technical transformation project of 300,000 tons/year calcium carbide, distributed photovoltaic project, technical transformation project of zero wastewater discharge, and supplementary working capital.
The company¡äs refinancing issuance attracted active bids from 15 external investors, with the total effective external subscription amount reaching 565 million yuan and a subscription multiple of 1.15 times. The issuance price was 7.51 yuan per share, representing a premium of 0.81%. The controlling shareholder subscribed for 30% of the shares according to the bidding results, with the allotted units subscribing for a total of 91,046,021 shares. The full amount issuance was successfully achieved, fully reflecting the confidence and recognition of the capital market and investors in the company¡äs future development prospects.
This refinancing is an important practice of Yinglite Chemical in leveraging the capital market to help the enterprise improve quality and upgrade, and also a successful case in 2025 for the Ningxia region and the group company system to strengthen and optimize through the capital market and improve the operation efficiency of state-owned capital.
Yinglite Chemical will give full play to the role of the listed company¡äs financing platform, further build new productive forces, and promote the high-quality development of the enterprise.
This refinancing refers to the non-public issuance of ordinary shares to no more than 35 specific investors to raise funds, with a total amount not exceeding 700 million yuan. Among them, the controlling shareholder will subscribe for no more than 50% of the shares. The funds will be mainly used for the company¡äs technical transformation project of 300,000 tons/year calcium carbide, distributed photovoltaic project, technical transformation project of zero wastewater discharge, and supplementary working capital.
The company¡äs refinancing issuance attracted active bids from 15 external investors, with the total effective external subscription amount reaching 565 million yuan and a subscription multiple of 1.15 times. The issuance price was 7.51 yuan per share, representing a premium of 0.81%. The controlling shareholder subscribed for 30% of the shares according to the bidding results, with the allotted units subscribing for a total of 91,046,021 shares. The full amount issuance was successfully achieved, fully reflecting the confidence and recognition of the capital market and investors in the company¡äs future development prospects.
This refinancing is an important practice of Yinglite Chemical in leveraging the capital market to help the enterprise improve quality and upgrade, and also a successful case in 2025 for the Ningxia region and the group company system to strengthen and optimize through the capital market and improve the operation efficiency of state-owned capital.
Yinglite Chemical will give full play to the role of the listed company¡äs financing platform, further build new productive forces, and promote the high-quality development of the enterprise.