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Yunnan Copper Industry: Issuing stocks to China Aluminum Group and China Copper Industry to raise 1.5 billion yuan
Gelonghui, February 25 — Yunnan Copper Industry announced that the company issued shares to China Aluminum Group and China Copper Industry, raising 1.5 billion yuan. After deducting underwriting fees of 7.0755 million yuan (excluding VAT), the net funds raised amount to 1.493 billion yuan. A total of 165 million shares were issued at a price of 9.07 yuan per share. The new share capital is 165 million yuan, and the additional capital reserve is 1.328 billion yuan. The shares issued this time are restricted circulating shares with sale conditions and will be listed and traded on the Shenzhen Stock Exchange starting from the trading day after the restriction period expires.