DFD to raise no more than RMB5.5 billion fund for 100,000tpy electrolyte lithium salt project

On November 24, DFD unveiled its private placement plan, expecting to raise no more than RMB5.Asian Metal Copyright5 billion USD0.Asian Metal Copyright5 billion (USD0.Asian Metal Copyright .Asian Metal Copyright86 billion) from no more than 35 targeted potential investors in line with requirements by China Securities Regulatory Commission.Asian Metal CopyrightOn November 24, DFD unveiled its private placement plan, expecting to raise no more than RMB5.Asian Metal Copyright 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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