On the evening of July 21, Songfa Co., Ltd. disclosed a report on the issuance of shares to specific targets, marking the successful completion of the company's 7 billion yuan targeted issuance project. The capital raised this time will be fully invested in Hengli Heavy Industries' shipbuilding business, injecting strong development momentum into the high-end green ship sector and helping Hengli Heavy Industries move towards a world-class green high-end ship production and construction base.

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