Yuntianhua to raise no more than RMB5 billion to invest in construction of iron phosphate project

Yunnan Yuntianhua announced on November 16 that the company planned to issue no more than 550 million shares in a non-public way, and the proceeds raised were expected to be no more than RMB5 billion (USD705.Asian Metal Copyright In particular, the company's controlling shareholder, Yuntianhua Group, will subscribe no less than RMB750 million USD105.Asian Metal Copyright5 million), which would be used to invest in the construction of 200ktpy iron phosphate project for new energy-gathered materials and 200ktpy iron phosphate project for Tian'an Chemical, and repay bank loans.Asian Metal Copyright5 million, which would be used to invest in the construction of 200ktpy iron phosphate project for new energy-gathered materials and 200ktpy iron phosphate project for Tian'an Chemical, and repay bank loans.Asian Metal Copyright In particular, the company's controlling shareholder, Yuntianhua Group, will subscribe no less than RMB750 million (USD105.Asian Metal Copyright5 million, which would be used to invest in the construction of 200ktpy iron phosphate project for new energy-gathered materials and 200ktpy iron phosphate project for Tian'an Chemical, and repay bank loans.Asian Metal Copyright8 million).
.Asian Metal CopyrightYunnan Yuntianhua announced on November 16 that the company planned to issue no more than 550 million shares in a non-public way, and the proceeds raised were expected to be no more than RMB5 billion USD705Asian Metal Copyright