PNC to raise no more than RMB1.8 billion

As announced by PNC on December 9, the company plans to raise no more than RMB1.Asian Metal CopyrightAs announced by PNC on December 9, the company plans to raise no more than RMB1.Asian Metal Copyright8 billion (USD259 million) through non-public offering of shares.Asian Metal Copyright After deducting the issuance expenses, the raised funds will be used for the research and development and industrialization projects of monolithic wet process module and core parts, the research and development and production center project of PNC North Semiconductor, and the second phase project of Qidong Semiconductor Equipment Industrialization Base, and to supplement working capital or repay debts.Asian Metal Copyright After deducting the issuance expenses, the raised funds will be used for the research and development and industrialization projects of monolithic wet process module and core parts, the research and development and production center project of PNC North Semiconductor, and the second phase project of Qidong Semiconductor Equipment Industrialization Base, and to supplement working capital or repay debts.
.Asian Metal Copyright8 billion USD259 million through non-public offering of sharesAsian Metal Copyright