Changchuan Technology's 2025 Private Placement of 11.1636 Million Shares to List on August 7

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Changchuan Technology disclosed its listing announcement, stating that the 11.1636 million shares issued to specific investors in 2025 will be listed on the ChiNext board of the Shenzhen Stock Exchange on August 7, 2026. The issue price was 280.11 yuan per share, raising total proceeds of 3.127 billion yuan, with net proceeds of 3.092 billion yuan after deducting issuance expenses. On the listing date, the company's stock price will not be adjusted for the new shares, trading will be subject to price limits, and the shares cannot be transferred within six months from the listing date. The company's stock closed at 272 yuan per share on August 5, with a total market capitalization of 172.6 billion yuan.

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Hangzhou Chang Chuan Technology Co Ltd
300604
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Private placement of new shares at 280.11 yuan, raising 3.127 billion yuan, with shares listed on August 7, 2026; stock closed at 272 yuan, below issue price, and shares are locked for six months.