Guizhou Chanhen Chemical Corporation(002895) : the proposed private placement and fund-raising will not exceed about 3.529 billion yuan

Guizhou Chanhen Chemical Corporation(002895) (SZ Guizhou Chanhen Chemical Corporation(002895) , closing price: 24.25 yuan) announced on April 16 that the matters related to the non-public offering of shares have been deliberated and adopted at the 15th meeting of the third board of directors of the company. The object of this offering is no more than 35 specific investors. The number of shares to be issued in this non-public offering is no more than 100 million shares (including this number), accounting for 20.47% and no more than 30% of the total share capital of the company on March 31, 2022. The issuing price shall not be lower than 80% of the average trading price of the company's shares 20 trading days before the pricing benchmark date. This offering is intended to raise no more than about 3.529 billion yuan. The comprehensive utilization of medium and low-grade phosphate rock to produce 120000 T / a food grade purified phosphoric acid project, with a total investment of 12952249 and a planned investment of 12005089; 100000 t / a food grade purified phosphoric acid project, with a total investment of 6592083 and a planned investment of 6094454; Jigongling Phosphate Mine newly built 2.5 million T / a mining project, with a total investment of 10559472 and a planned investment of 7193351; The project of replenishing working capital has a total investment of 20000 and plans to invest 20000 of the raised capital; The bank loan repayment project has a total investment of 80000 and plans to invest 80000 of the raised funds

Guizhou Chanhen Chemical Corporation(002895) 's general manager and chairman are Wu Haibin, male, 50 years old, with a bachelor's degree.

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