Jiangsu Zhenjiang New Energy Equipment (603507.SH) plans to increase its fundraising by no more than 1 billion yuan.

22:24 31/03/2026

Zhenjiang Stock (603507.SH) issued an announcement that the company plans to issue stocks to specific targets to raise funds not exceeding 1 billion yuan. After deducting issuance expenses, the funds are planned to be used for the industrialization project of core components of large megawatt-scale offshore wind turbine, the green intelligent casting project of 200,000 tons per year wind power core components (Phase I), and supplementary working capital.

Jiangsu Zhenjiang New Energy Equipment (603507.SH) has announced that the company plans to issue shares to specific objects to raise funds of up to 1 billion yuan. After deducting issuance expenses, the funds will be used entirely for the following purposes: the industrialization project of core components of large megawatt offshore wind turbines, the first phase of the green smart casting project with an annual output of 200,000 tons of core components for wind power, and to supplement working capital.

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KPM Holding (08027) announced its annual performance with a profit attributable to shareholders of S$1.303 million, turning a loss into a profit year-on-year.

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