Yahua Industrial Group's private placement plan approved by CSRC
2020-10-21 11:57:02 [Print]
Yahua Industrial Group announced on October 19th that CSRC (China Securities Regulatory Commission) approved its application for private issuance of A shares.
According to the announcement in April 2020, Yahua Industrial Group plans to privately issue 287 million shares to raise RMB1.5 billion (USD225.16 million) to invest in its newly-built 20,000tpy of battery grade lithium hydroxide project and 11,000tpy of lithium chloride project and supplement working capitals.
According to the announcement in April 2020, Yahua Industrial Group plans to privately issue 287 million shares to raise RMB1.5 billion (USD225.16 million) to invest in its newly-built 20,000tpy of battery grade lithium hydroxide project and 11,000tpy of lithium chloride project and supplement working capitals.
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