JL MAG plans to raise funds in the construction of NEV and high-end magnet of 3C
2020-05-25 17:37:29 [Print]
JL MAG announced on the evening of May 24 that the company planned to raise funds for non-public issuance of no more than RMB718,000,000 (USD101,151,422)
. After deducting the issuance expenses, the net proceeds will be invested in 3,000 tons of new energy vehicles and 3C high-end magnet projects and supplement working capital.