Wangli Security (605268.SH) plans to raise up to 300 million yuan through a private placement.

Wisdom Finance and Economics App News, Wangli Security (605268.SH) announced that the company plans to issue shares to specific targets, raising a total amount of funds not exceeding 300 million yuan (including the amount itself), which will be used for the following purposes after deducting issuance expenses: the intelligent door and window series product project of Hubei Wangli Security Products Co., Ltd., and supplementary working capital.