DFD to raise no more than RMB5.5 billion fund for 100,000tpy electrolyte lithium salt project
2021-11-25 16:44:11 【Print】
On November 24, DFD unveiled its private placement plan, expecting to raise no more than RMB5.5 billion (USD0.86 billion) from no more than 35 targeted potential investors in line with requirements by China Securities Regulatory Commission. Upon deduction of issuing costs, the net proceeds will be used for its 100,000tpy new-type electrolyte lithium salt project and to supplement its working capital.
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