China Fibreglass: Plans to Raise No More Than 5 Billion Yuan through Private Placement
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Author:小编   

On August 31, China Fibreglass (301526) announced that the company plans to issue shares to specific objects to raise no more than 5 billion yuan. After deducting issuance expenses, the funds will be used for the High-Performance Substrate High-Frequency High-Speed Electronic Fiber Cloth Project, the F07 Equipment Renewal and Technological Transformation Project, the Pilot-Scale Technological Development Project for Ultra-Low Dielectric Loss Electronic-Grade Q Cloth for AI, and to supplement working capital.