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Zhuhai CosMX Battery Co., Ltd.: Intends to Issue A-Shares to Designated Entities, Targeting Funds Up to 3.3 Billion Yuan
1 day ago /
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Author：小编
Zhuhai CosMX Battery Co., Ltd. has officially declared that its proposal to issue A-shares to specific entities has successfully undergone review and received approval at the 38th meeting of the second session of the company's board of directors. This confirms the company's eligibility to proceed with the share issuance. The total funds to be raised through this initiative are capped at 3.3 billion yuan. Following the deduction of issuance-related expenses, the majority of the proceeds will be allocated towards the construction projects focused on steel-cased lithium batteries tailored for smartphones and smart wearables. Additionally, a portion of the funds will be utilized to bolster working capital and settle outstanding loans.
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