Hangke Tech to raise up to RMB2.31 bln through private placement
2021-12-31 16:10:38 [Print]
Hangke Tech announced on December 30 that it plans to raise no more than RMB2
. 31 billion (USD362 million) through a private placement . The net proceeds from the placement will be used for the company's lithium-ion battery charging and discharging equipment smart manufacturing project, production intelligence and information technology improvement project, Overseas business network layout and R&D project, assembly manufacturing center construction project, and for supplementing working capital.