Boamax Technologies to raise no more than RMB3 billion

Boamax Technologies announced on March 13th that it will raise no more than RMB3 billion (USD436.Asian Metal Copyright .Asian Metal Copyright58 million) by private placement.Asian Metal Copyright58 million by private placement.Asian Metal Copyright All the funds will be used to invest in the company's 2GW high efficiency HJT battery and module manufacturing project in Huaiyuan, Anhui and 2GW slice & 2GW high efficiency HJT battery and module manufacturing project in Otog Banner, Inner Mongolia, supplement working capital and repay loans of bank.

.Asian Metal CopyrightBoamax Technologies announced on March 13th that it will raise no more than RMB3 billion USD436Asian Metal Copyright