NBTM New Materials Group Co., Ltd.SSE: 600114

(600114)"NBTM New Materials Group Co., Ltd."Announcement on Use of Raised Funds and Self-raised Funds to Increase Capital in Shanghai Future High-tech and the Subsequent Capital Increase by Shanghai Future High-tech in Lianyungang Future for the Implementation of Raised Funds Investment Projects

· Issued by NBTM New Materials Group Co., Ltd. via Shanghai Stock Exchange

Filed with SSE · Stock code 600114 · · 11 pages · Chinese

Summary by 6ix AI

NBTM New Materials Group Co., Ltd. has announced its plan to use raised and self-raised funds to increase capital in Shanghai Future High-tech and subsequently in Lianyungang Future to implement investment projects. The board approved the use of funds to ensure the smooth execution of the investment project related to the production line technology transformation. The independent financial advisor has confirmed the legitimacy of the funding usage as compliant with regulations.

Written in English by 6ix AI from the company’s Chinese-language filing. How 6ix writes summaries

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Announcement on Use of Raised Funds and Self-raised Funds to Increase Capital in Shanghai Future High-tech and the Subsequent Capital Increase by Shanghai Future High-tech in Lianyungang Future for the Implementation of Raised Funds Investment Projects

The abstract is for reference only. Please refer to the full text of the announcement on the very day.

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