Zhitong Finance And Economics News, Kaiyuan Education (300338.sz) disclosed the preliminary plan for issuing A shares to specific targets in 2021, and the company intends to issue no more than 52 million shares (including the principal number) to the actual controller and chairman Jiang Yong, at an issue price of 4.26 yuan / share. Jiang Yong, the target of the offering, subscribed in cash and has signed a conditionally effective share subscription agreement with the company to subscribe for 52 million shares at 4.26 yuan.
After the completion of the issuance of A shares to a specific target, the issuance of A shares to a specific target subscribed by Jiang Yong shall not be transferred within 18 months from the date of the end of the issuance.
It is reported that the total amount of funds raised from the issuance of A-share shares to specific targets will not exceed 222 million yuan, and the net amount of funds raised after deducting the issuance fee will be used to supplement working capital and repay bank loans.
After the completion of the issuance, the controlling shareholder and the actual controller of the company will not change, and the total shareholding ratio of Jiang Yong and the co-actors Jiang Sheng, Zhao Jun and Zhongda Ruize is 29.15%.