NAURA Technology Group's private placement plan approved
2021-07-27 17:53:53 [Print]
On July 26, NAURA Technology Group announced that its private placement plan has been approved by China Securities Regulatory Commission.
NAURA Technology Group aims to raise no more than RMB8.5 billion (USD1 . 31 billion) via this private placement for its semiconductor equipment industrialization base project (stage four), high-end semiconductor equipment R&D project, and high-precision electronic parts and components industrialization base project, as well as to supplement working capital . When the projects go into operation, the company is expected to have an annual manufacturing capacity of 2,000 sets of integrated circuit equipment, semiconductor equipment, LED equipment and photovoltaic equipment.
NAURA Technology Group aims to raise no more than RMB8.5 billion (USD1 . 31 billion) via this private placement for its semiconductor equipment industrialization base project (stage four), high-end semiconductor equipment R&D project, and high-precision electronic parts and components industrialization base project, as well as to supplement working capital . When the projects go into operation, the company is expected to have an annual manufacturing capacity of 2,000 sets of integrated circuit equipment, semiconductor equipment, LED equipment and photovoltaic equipment.