Jingang Photovoltaic: Modifies Private Placement Strategy, Targets Fundraising of Up to RMB 2.387 Billion
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Author:小编   

The board of directors at Jingang Photovoltaic has meticulously reviewed and given the green light to amendments in the 2026 private placement scheme, which involves issuing A-share stocks to select investors. Notably, the 'Shanghai Office R&D Center Project' has been excluded from this revised plan. Following these adjustments, the company is set to raise a sum not exceeding RMB 2.387 billion through the issuance of no more than 166 million shares. The bulk of these funds, amounting to RMB 1.687 billion, will be earmarked for the Beijing Tongzhou District AI Smart Computing Center Project (Phase I). The remaining RMB 700 million will be allocated to bolster working capital and settle outstanding debts.