Changsha Dialine New Material Sci.&Tech.Co.Ltd(300700) disclose the plan for issuing shares to specific objects. The object of this issuance is Hunan chengxiyi Technology Co., Ltd., which is controlled by Duan Zhiming, the actual controller of the company. The issuance price is 11.43 yuan / share, and the total amount of raised funds does not exceed 365.76 million yuan. After deducting the issuance expenses, it is used to supplement working capital and repay interest bearing liabilities. Before this offering, Duan Zhiming held 23.14% of the shares of the company and was the controlling shareholder and actual controller of the company. After the completion of this offering, according to the upper limit of the number of shares to be subscribed, chengxiyi technology holds 23.00% of the company's shares, Duan Zhiming directly holds 17.82% of the company's shares, chengxiyi technology is an enterprise actually controlled by Duan Zhiming, and Duan Zhiming holds 40.82% of the company's shares in total. The controlling shareholder of the company will be changed from Duan Zhiming to chengxiyi technology, and the actual controller will still be Duan Zhiming.