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.