Kehua Holdings (SHA:603161) agreed to adjust the price and the number of shares for a planned share placement, according to a Shanghai bourse filing on Wednesday.
The company signed a supplemental agreement with Lu Hongping and Tu Han.
In the agreement, the company will place up to 30 million shares to certain investors, with the subscription amount not exceeding 326.1 million yuan.
The Chinese turbocharger component manufacturer's shares fell 3% at the close.