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Aihua Group announced that the company plans to issue A-shares to no more than 35 specific investors, raising no more than RMB 1.88 billion in total capital, of which 1.5 billion yuan will be used for Aihua Group's integrated high-end capacitor capacity expansion project, and 380 million yuan will be used to supplement working capital. The offering is still subject to review and approval by the shareholders' meeting, review and approval by the Shanghai Stock Exchange, and registration with the consent of the China Securities Regulatory Commission.
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Aihua Group announced that the company plans to issue A-shares to no more than 35 specific investors, raising no more than RMB 1.88 billion in total capital, of which 1.5 billion yuan will be used for Aihua Group's integrated high-end capacitor capacity expansion project, and 380 million yuan will be used to supplement working capital. The offering is still subject to review and approval by the shareholders' meeting, review and approval by the Shanghai Stock Exchange, and registration with the consent of the China Securities Regulatory Commission.
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