Pioneer Pharmaceutical: Proposes to Issue Class A Shares to Specific Objects to Raise Funds Not Exceeding 3.51 Billion Yuan

NightAirdropper · 2026-03-20T12:54:28+00:00

Pioneer Semiconductor plans to issue no more than 236 million A shares to specific subscribers, which will be fully subscribed by Pioneer Technology Group Co., Ltd., at a price of 14.9 yuan per share, with total financing not exceeding 3.51 billion yuan, to be used for multiple semiconductor and life science-related projects.

NightAirdropper

2026-03-20 12:54:28

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Gelonghui March 20 | Lead Electric announces that the company plans to issue A-shares to specific targets, with a total issuance of no more than 236 million shares (including this issuance), not exceeding 30% of the company’s total share capital before this issuance. All shares will be subscribed by Lead Technology Group Co., Ltd. The pricing date for this issuance to specific targets is the announcement date of the resolution of the company’s 12th Board of Directors’ 5th Extraordinary Meeting in 2026. The price per share for this issuance is 14.9 yuan. The total funds raised from this issuance to specific targets will not exceed 3.51 billion yuan. The net proceeds after deducting issuance costs will be fully used for R&D and industrialization projects of semiconductor optical components, R&D and industrialization projects of semiconductor precision parts and subsystems, R&D and industrialization projects of high-end measurement equipment and life sciences instruments, and the upgrade and transformation of bismuth material business.

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