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Guanshi Technology: Intends to Secure Up to 700 Million Yuan via Private Share Placement for Initiatives Such as Photomask Production
3 day ago /
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Author：小编
Guanshi Technology has unveiled its strategy to issue shares to a maximum of 35 designated investors, aiming to amass a total sum not exceeding 700 million yuan. Following the deduction of issuance costs, the proceeds will be allocated towards the photomask production project (which entails an overall investment of 1.931 billion yuan, with 530 million yuan earmarked for this phase) and to bolster working capital.
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