Jinmoo Technology (300334.SZ) plans a private placement to raise no more than 106 million yuan.

Zhitong Finance APP news, Jinmo Technology (300334.SZ) announced that the company plans to issue shares to specific targets through a simplified procedure, with total fundraising of RMB 106 million. The net proceeds after deducting relevant issuance expenses will be fully used for: the intelligent upgrade and renovation project of the high-performance membrane production workshop, the R&D and pilot test platform project for new hollow fiber membranes, and supplementing working capital.