Zhejiang Shibao (01057) plans to raise no more than 1.394 billion yuan through a private placement of A-shares.
Zhejiang Shibao (01057) announced that the company intends to issue A-share stocks to no more than 35 specific investors (including 35), raising no more than 1.394 billion yuan. The net proceeds are intended to be used for the industrialization construction projects of automotive steer-by-wire systems, the industrialization construction projects of the next-generation intelligent steering systems for passenger vehicles, the technological renovation projects for automotive electronic PPK products, the enhancement of research and development capabilities for steer-by-wire and angle module systems, and to supplement working capital.
Zhejiang Shibao (01057) announced that the company intends to issue A shares to no more than 35 specific targets (including 35) and raise no more than 1.394 billion yuan. The net proceeds are intended to be used for the industrialization construction projects of automotive steer-by-wire systems, the industrialization construction projects of next-generation intelligent drive-up systems for passenger vehicles, the technological transformation projects of automotive electronic PPK products, the research and development capability construction and transformation enhancement projects of steer-by-wire and angle module systems, and to supplement working capital.
Related Articles
US Stock Market Move | Circle (CRCL.US) rose over 7%. Institutions: The market underestimates the company's long-term revenue potential.
SAIMO (02571) issues a profit warning, expecting a net loss of approximately 47 million to 51 million yuan for the interim period, a shift from profit to loss compared to the same period last year.
A-shares Evening Hotspots | U.S. Non-Farm Payrolls Unexpectedly Cold in July, Investors Reduce Bets on Fed Rate Hike in September
US Stock Market Move | Circle (CRCL.US) rose over 7%. Institutions: The market underestimates the company's long-term revenue potential.
SAIMO (02571) issues a profit warning, expecting a net loss of approximately 47 million to 51 million yuan for the interim period, a shift from profit to loss compared to the same period last year.
A-shares Evening Hotspots | U.S. Non-Farm Payrolls Unexpectedly Cold in July, Investors Reduce Bets on Fed Rate Hike in September
RECOMMEND
