Pylontech to raise no more than RMB5 billion for Li-battery research and production project
2022-06-10 12:00:09 [Print]
On June 9, Pylontech announced that it planned to raise no more than RMB5 billion (USD0
. 75 billion) via private placement; upon deduction of related issuing costs, the remaining fund will be used for the company's 10GWh lithium battery research and production base project, Pylontech headquarter and industrialization base project as well as to supplement its working capital.