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Xiangfenghua: Plans to raise no more than 600 million yuan through additional issuance, all for the annual production of 93k tons of new energy battery anode materials project
Xiangfenghua Announcement: The company plans to implement a private placement scheme, issuing A-shares to no more than 35 specific targets, with a total fundraising amount of no more than 600 million yuan. After deducting issuance costs, all funds will be used for the annual production of 93k tons of new energy battery anode material project. The number of shares issued this time will not exceed 30% of the total share capital before issuance, i.e., no more than 35.74M shares.