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Southern Precision: Proposes Reduction in Fundraising Target from RMB 366 Million to RMB 202 Million
2025-05-17 /
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Author：小编
On May 16, Southern Precision announced an adjustment to the total amount of funds it intends to raise. Initially, the company planned to secure up to RMB 366,094,200 for the development of precision braking systems, transmission components, and industrial bearing production lines. Following the adjustment, the new fundraising target now stands at no more than RMB 201,756,200. This decision reflects the company's reassessment of its financial investment needs, resulting in a deduction of a portion of the originally planned funds.
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