Zhejiang Meili High Technology (300611.SZ) plans to raise no more than 585 million yuan through a private placement.
Meili Technology (300611.SZ) announced that the company intends to issue shares to specific objects, with a total fundraising amount not exceeding 585 million yuan (including the principal). The net amount raised after deducting issuance costs will be fully used for: the industrialization projects of producing 2 million smart suspension systems and 10 million electric and hydraulic drive elastic components, as well as supplementing working capital.
Zhejiang Meili High Technology (300611.SZ) announced that the company plans to issue shares to specific objects, with the total amount of funds raised not exceeding 585 million yuan (including the principal). The net amount of funds raised, after deducting issuance costs, will be used entirely for: industrial projects such as an annual production capacity of 2 million smart suspension systems and 10 million electric and hydraulic driven elastic components, as well as to supplement working capital.
Related Articles
US Stock Market Move | Zebra Technologies Corporation Class A (ZBRA.US) surged over 19% as Q2 earnings exceeded expectations and the full-year guidance was raised.
KINETIC DEV(01277): The Makhado project has officially started production.
TONTINE WINES (00389) rejects the proposal for the major shareholder Wang Hexin to subscribe for new shares.
US Stock Market Move | Zebra Technologies Corporation Class A (ZBRA.US) surged over 19% as Q2 earnings exceeded expectations and the full-year guidance was raised.
KINETIC DEV(01277): The Makhado project has officially started production.
TONTINE WINES (00389) rejects the proposal for the major shareholder Wang Hexin to subscribe for new shares.
RECOMMEND
