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Futek Technology Announces Private Placement Plan to Raise Up to RMB 528 Million for Expanding New Energy Vehicle Core Component Capabilities and Other Initiatives
3 week ago /
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Author：小编
On July 24th, Futek Technology unveiled its intention to issue a maximum of 46,626,100 A shares to a select group of up to 35 investors, aiming to raise a cumulative sum not exceeding RMB 528 million. Following the deduction of issuance-related expenses, the proceeds will be allocated towards several strategic endeavors: the third phase of intelligent production for new energy vehicle core components, the acquisition of a second production facility dedicated to in-vehicle power supplies, research and development of next-generation in-vehicle power supply products, as well as replenishing working capital.
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