Zhitong Finance App News, Western Materials (002149.SZ) announced plans to issue shares to specific targets. After deducting issuance fees, it is planned to raise no more than 1.19 billion yuan in capital for the following projects: cold-rolled precision foil strip production line construction project, high-performance rare metal material production line technical improvement project, high-performance titanium and titanium alloy precision casting production line construction project, industrialization project for tungsten and molybdenum materials for high-end equipment, and supplementary liquidity.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.