Wire flash
Fuxin Technology Plans to Raise Up to 270 Million Yuan for Micro TEC Production
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Fuxin Technology (688662.SH) announced on September 22 that it plans to issue A-shares to specific investors, raising no more than 270 million yuan (approximately 270 million yuan). The proceeds, after deducting issuance costs, will be used for a micro semiconductor thermoelectric cooling device (Micro TEC) production and construction project, a technology transformation and information upgrade project, and to supplement working capital. The announcement was reported by Caixin's Cailianshe.
Source report
Shanghai, September 22 — Fuxin Technology (688662.SH) announced that it plans to issue A-shares to specific investors, with total fundraising not exceeding 270 million yuan. After deducting issuance costs, the proceeds will be used for the following projects:
- Micro Thermoelectric Cooling Device (Micro TEC) Production and Construction Project
- Technology Transformation and Information Technology Upgrade Project
- Working Capital Supplement
Source
财联社Eastern