Sinomag Technology Co., Ltd.SZSE: 300835

Sinomag Technology Plans Share Private Placement

· Issued by Sinomag Technology Co., Ltd.

On 6ix: 6ix.com/news/sinomag-technology-plans-share-private-placement

Sinomag Technology Co Ltd SZSE:300835:

  • SAYS CO PLANS TO RAISE UP TO 760 MILLION YUAN ($109.99 million) VIA SHARE PRIVATE PLACEMENT TO FUND PROJECTS, REPLENISH CAPITAL AND REPAY BANK LOANS

($1 = 6.9096 Chinese yuan renminbi)

Sinomag Technology Co., Ltd. on 6ix