Hua Hai Qing Ke Terminates H-share Issuance and Switches to A-share Private Placement
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Author:小编   

On April 22, Hua Hai Qing Ke announced the termination of its plan to issue H-shares for listing in Hong Kong, opting instead to raise funds by issuing A-shares to specific investors, with a total amount not exceeding RMB 4 billion, to be used for three major projects including integrated circuit equipment R&D and manufacturing.