Chengbang Co., Ltd. Aims to Raise up to RMB 129 Million through Private Placement for Storage Chip Expansion and Other Initiatives
2 week ago / Read about 0 minute
Author:小编   

Chengbang Co., Ltd. has announced its intention to raise funds through a simplified private placement process, targeting a maximum amount of RMB 129 million. Post-deduction of issuance costs, these funds will be allocated towards expanding the production of embedded storage chips, upgrading and transforming SSDs to high-end specifications, and bolstering the company's working capital.