Zhengyu Industrial: Plans to raise no more than 450 million yuan through a private placement.
Jin10 data reported on July 18th, Zhengyu Industrial announced that it plans to raise no more than 450 million yuan through issuance, and after deducting issuance expenses, the funds will be used for the Zhengyu Intelligent Manufacturing Park (Phase II) and to supplement working capital. Among them, the total investment amount for the Zhengyu Intelligent Manufacturing Park (Phase II) project is estimated to be 431 million yuan, with a planned investment of 360 million yuan from the raised funds.