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SFD: Strategic Move to Secure Up to 2 Billion Yuan via Private Placement for Diamond Drill Bit Industrialization and Other Initiatives
6 hour ago /
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Author：小编
On June 30, SFD (300179.SZ) unveiled its plan to issue A-share stocks to a select group of no more than 35 investors, aiming to raise a substantial sum of up to 2 billion yuan. Following the deduction of issuance-related expenses, a significant portion, amounting to 1.75 billion yuan, is earmarked for the industrialization project of diamond drill bits, while the remaining 250 million yuan will be allocated to bolster the company's working capital.
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