Jiangsu Sopu (600746.SH) plans to raise no more than 1.5 billion yuan through private placement.

Zhtng Cijng APP news, Jiangsu Sopu (600746.SH) announced that the company plans to issue shares to specific objects, with a total fundraising amount not exceeding 1.5 billion yuan (including this amount). The net proceeds from the fundraising, after deducting the issuance expenses, will be used for the acetic acid ethylene and EVA integration project (phase one).