Kyushu Express announced that the company plans to issue no more than 28 million preferred shares to specific targets, raising no more than 2,800 million yuan in total capital. After deducting issuance fees, 2 billion yuan is intended to be used to repay bank loans and other interest-bearing liabilities, and the remaining no more than 800 million yuan will be used to supplement working capital. After the issuance is completed, there is a risk that the immediate returns of ordinary shareholders will be diluted. The company will fill the returns through measures such as speeding up the implementation of the strategy, standardizing the management of raised funds, and improving profit distribution policies. Liu Baolin, the company's director, executive, controlling shareholder, and actual controller, has made relevant commitments on the actual implementation of the compensation measures.

Kyushu Express announced that the company plans to issue no more than 28 million preferred shares to specific targets, raising no more than 2,800 million yuan in total capital. After deducting issuance fees, 2 billion yuan is intended to be used to repay bank loans and other interest-bearing liabilities, and the remaining no more than 800 million yuan will be used to supplement working capital. After the issuance is completed, there is a risk that the immediate returns of ordinary shareholders will be diluted. The company will fill the returns through measures such as speeding up the implementation of the strategy, standardizing the management of raised funds, and improving profit distribution policies. Liu Baolin, the company's director, executive, controlling shareholder, and actual controller, has made relevant commitments on the actual implementation of the compensation measures.