Yuguang Gold & Lead: Plans to issue stocks to specific targets to raise 1.84B yuan

Yuguang Gold & Lead Announcement: The company plans to issue shares to specific targets to raise no more than 1.839 billion yuan. After deducting the issuance expenses, the funds raised will be used for the advanced intelligent manufacturing project for rare and precious metal materials (116,000.00 million yuan), the digital and intelligent upgrade and transformation project (5,000.00 million yuan), the wastewater resource utilization project (7,900.00 million yuan), and replenishing working capital (55,000.00 million yuan). The issuers will be no more than 35 investors, including Yuguang Group. Yuguang Group plans to subscribe for no less than 200 million yuan, and the total number of shares it subscribes for will not exceed 30% of the total number of shares to be issued in this offering. This offering will be implemented only after it is approved by the state-owned assets supervision and administration department, considered and approved by the company’s shareholders’ meeting, reviewed and approved by the Shanghai Stock Exchange, and agreed to for registration by the China Securities Regulatory Commission.