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  • Putailai New Energy Technology to raise no more than RMB4.959 billion for Li-battery material projects

    2020-03-27 16:44:13   [Print]
    On March 26, Putailai New Energy Technology announced its A share private placement plan, hoping to raise a fund of no more than RMB4.Asian Metal Copyright014 billion USD144 million for a 50,000tpa high-performance Li-ion battery anode material project; RMB735 million USD104 million for acquiring a 49% stake in Shandong Xingfeng New Energy Technology Co.Asian Metal Copyright959 billion (USD703 million) for its Li-battery projects; upon deduction of issuing costs, the fund to be raised will be used in the following projects: RMB1.Asian Metal Copyright78 million for a high-safety 50,000m2 per annum coating membrane project for power batteries; and RMB1.Asian Metal Copyright014 billion (USD144 million) for a 50,000tpa high-performance Li-ion battery anode material project; RMB735 million (USD104 million) for acquiring a 49% stake in Shandong Xingfeng New Energy Technology Co.Asian Metal Copyright63 million for a 50,000tpa Li-ion battery anode material graphitizing project; RMB710 million USD101 million for a 24,900m2 per annum Li-ion battery membrane project; RMB278 million USD39.Asian Metal Copyright, Ltd.Asian Metal CopyrightOn March 26, Putailai New Energy Technology announced its A share private placement plan, hoping to raise a fund of no more than RMB4.Asian Metal Copyright; RMB428 million (USD60.Asian Metal Copyright485 billion USD210 million to supplement the company's working capital.Asian Metal Copyright63 million) for a 50,000tpa Li-ion battery anode material graphitizing project; RMB710 million (USD101 million) for a 24,900m2 per annum Li-ion battery membrane project; RMB278 million (USD39.Asian Metal Copyright38 million for a Li-battery membrane high-speed line project; RMB309 million USD43.Asian Metal Copyright38 million) for a Li-battery membrane high-speed line project; RMB309 million (USD43.Asian Metal Copyright78 million for a high-safety 50,000m2 per annum coating membrane project for power batteries; and RMB1.Asian Metal Copyright78 million) for a high-safety 50,000m2 per annum coating membrane project for power batteries; and RMB1.Asian Metal Copyright959 billion USD703 million for its Li-battery projects; upon deduction of issuing costs, the fund to be raised will be used in the following projects: RMB1.Asian Metal Copyright485 billion (USD210 million) to supplement the company's working capital.
    .Asian Metal Copyright38 million for a Li-battery membrane high-speed line project; RMB309 million USD43Asian Metal Copyright
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