Yingfeng Stock Co., Ltd. (605055.SH) plans to raise no more than 522 million yuan through private placement.

Zhongtong Finance and Economics APP News: Ying Feng Shares (605055.SH) announced that the company intends to issue shares to specific objects, raising a total of up to 522 million yuan (including the base amount). The net amount after deducting the issuance expenses is planned to be invested in: the upgrading and renovation project of old production lines and sewage treatment systems, the advantageous merger of Shaoxing Butai Textile Printing and Dyeing Co., Ltd.'s new project with an annual output of 129 million meters of high-grade printed and dyed fabrics (Phase II), the construction project of a large research and development center, and the intelligent identification and analysis system project for dyeing and finishing.