Senior Technology to raise no more than RMB6 billion for Li-battery membrane project

On the evening of September 27, Senior Technology unveiled its private placement proposal, planning to raise no more than RMB6 billion (USD0.Asian Metal Copyright5 billion USD1.Asian Metal Copyright93 billion) from targeted investors for its high-performance Li-ion battery membrane project (stage one and stage two) and to supplement working capital.

The project will be implemented by the company's subsidiary Senior Technology (Nantong) New Material Technology Co., Ltd.Asian Metal Copyright16 billion, of which RMB5 billion USD0.Asian Metal Copyright and will have a total investment of RMB7.Asian Metal Copyright16 billion, of which RMB5 billion USD0.Asian Metal Copyright5 billion (USD1.Asian Metal Copyright Project construction will last for five years.Asian Metal Copyright16 billion), of which RMB5 billion (USD0.Asian Metal CopyrightOn the evening of September 27, Senior Technology unveiled its private placement proposal, planning to raise no more than RMB6 billion USD0.Asian Metal Copyright77 billion) will come from the private placement.Asian Metal Copyright The project will be implemented by the company's subsidiary Senior Technology Nantong New Material Technology Co.Asian Metal Copyright Project construction will last for five years.

.Asian Metal Copyright77 billion will come from the private placementAsian Metal Copyright