Liu Steel Co., Ltd. (601003.SH) plans to raise up to 300 million yuan through private placement.

China Times Finance APP News, Liugang Steel Co., Ltd. (601003.SH) announced that the company plans to issue shares to specific targets through a simplified procedure, raising a total fund of no more than 300 million yuan, with the net amount to be invested in the high-quality technology upgrade project for the 2800mm medium-thick plate.