According to the Zhitong Finance App, China Hongqiao (01378.HK) announced that Hongqiao Holdings (002379.SZ) (a non-wholly-owned subsidiary of the Company) plans to issue shares to no more than 35 specific investors through a non-public offering. It plans to raise a maximum total of no more than RMB 12 billion (equivalent to approximately HK$13.863 billion) for its wind power projects, photovoltaic projects, aluminum deep processing projects, and bank loan repayment and supplementary working capital.

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