Huahai Chengke: CSRC Greenlights Share Issuance and Cash Payment for Asset Acquisition, Registers Approval
2 day ago / Read about 0 minute
Author:小编   

On September 19, 2025, Huahai Chengke (stock code: 688535.SH) secured approval from the China Securities Regulatory Commission (CSRC). This approval authorizes the company to proceed with the issuance of shares and convertible corporate bonds to Shaoxing Shuhui Trading Co., Ltd., along with several other entities, as a means to acquire relevant assets. Additionally, Huahai Chengke is permitted to issue shares to raise supplementary funds, with the total amount not exceeding RMB 800 million. The validity period for this approval spans 12 months.