Aeolus shares: It is planned to increase the fundraising by no more than 1.1 billion yuan for the high-performance giant engineering radial tire capacity expansion and efficiency improvement project.

Fengshen Co., Ltd. announced on the evening of July 16 that it plans to raise no more than 1.1 billion yuan through a private placement, to be used for the expansion and efficiency improvement project of high-performance giant engineering radial tires. The company's controlling shareholder, a rubber company, intends to subscribe to this private placement with cash, with a minimum amount of 200 million yuan and a maximum amount of 300 million yuan.