Fulongma: Plans to issue stocks to specific targets to raise no more than 1.005 billion yuan

NightAirdropper · 2026-02-12T11:42:04+00:00

Fulongma plans to issue shares to specific targets, raising no more than 1.005 billion yuan, mainly for the construction of the Smart Sanitation Operation Platform and the Unmanned Equipment R&D Center, to promote the company's transformation into a comprehensive environmental service solutions provider and enhance market competitiveness.

NightAirdropper

2026-02-12 11:42:04

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Every Morning AI Express, February 12 — Fulongma announced that the company plans to issue shares to specific targets to raise no more than 1.005 billion yuan. After deducting issuance costs, the funds will be used for the construction of the Smart Sanitation Operation Integrated Service Platform (planned use of 820.365 million yuan) and the R&D Center for Unmanned Sanitation Equipment (planned use of 185 million yuan). The number of shares issued will not exceed 125 million, and the issuance price will not be less than 80% of the average trading price of the company’s stock over the 20 trading days prior to the pricing benchmark. This issuance aims to promote the company’s strategic transition from a “product provider” to an “overall environmental service solutions provider,” enhancing the company’s comprehensive competitiveness in the sanitation service market.

Daily Economic News

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