XTC New Energy Materials approved for getting listed on SSE Star Market
2020-12-30 17:57:51 [Print]
On the evening of December 29, Shanghai Stock Exchange (SSE) XTC New Energy Materials announced its approval for XTC New Energy Materials (Xiamen) Co., Ltd. to get listed on the SSE sci-tech innovation market (the SSE Star Market).
According to the company's prospectus, it plans to raise RMB1.5 billion (USD0.23 billion) via listing, of which RMB900 million (USD138 million) will be used for its 40,000tpa Li-ion battery material industrialization project (stage one and two) and the remaining RMB600 million (USD91.94 million) used to supplement its working capital.
According to the company's prospectus, it plans to raise RMB1.5 billion (USD0.23 billion) via listing, of which RMB900 million (USD138 million) will be used for its 40,000tpa Li-ion battery material industrialization project (stage one and two) and the remaining RMB600 million (USD91.94 million) used to supplement its working capital.
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