Aihua Group (603989.SH) plans to raise no more than 1.88 billion yuan through a private placement for integrated high-end capacitor capacity expansion projects, among others.

Zhitong Finance APP News, Aihua Group (603989.SH) announced that the company plans to issue A-shares to specific targets, with total fundraising not exceeding 1.88 billion yuan (including this amount). The net fundraising amount after deducting issuance expenses will be used for: Aihua Group integrated high-end capacitor capacity expansion project, and supplementary working capital project.