Piotech: Unveils Plans to Secure Up to 4.6 Billion Yuan via Private Share Placement
6 day ago / Read about 0 minute
Author:小编   

Piotech has officially declared its intention to issue A-share stocks to a select group of no more than 35 targeted investors, with the objective of raising a maximum of 4.6 billion yuan. Following the deduction of issuance-related expenses, the proceeds will be strategically allocated towards the construction of a state-of-the-art industrialization base for high-end semiconductor equipment, the establishment of a pioneering technology research and development hub, as well as to bolster the company's working capital reserves.