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Hongte Technology: Unveils Share Allocation Scheme for Original Shareholders, Aiming to Raise Up to RMB 650 Million
3 week ago /
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Author：小编
Hongte Technology has revealed its plan to allocate shares to all existing shareholders, with a proposed ratio of no more than 4 new shares for every 10 shares held. This allocation is estimated to involve no more than 155 million shares and is expected to raise funds amounting to no more than RMB 650 million. The proceeds from this fundraising will be allocated towards the construction of an automotive parts manufacturing facility in Thailand, the technological upgrade of the production base in Zhaoqing, the establishment of a headquarters R&D center, and the augmentation of working capital.
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