Zhongda Power Transmission: Intends to Secure Up to 530 Million Yuan via Private Stock Placement for Initiatives like Integrated Intelligent Joint Modules

9 hour ago / Read about 0 minute

Author：小编

On September 28, Zhongda Power Transmission (002896.SZ) revealed its intention to issue A-share stocks to targeted investors, aiming to raise a sum not exceeding 530 million yuan. Following the deduction of issuance expenses, the proceeds will be allocated towards several key projects. These encompass the manufacturing of integrated intelligent joint modules, the production of distributed intelligent actuator units tailored for industrial automation, the enhancement and establishment of a research and development hub, as well as bolstering working capital reserves.

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