Huasu Holdings Plans Share Private Placement

About this update from Huasu Holdings Co., Ltd. Class A

Huasu Holdings Co Ltd SZSE:000509:SAYS CO PLANS TO RAISE UP TO 600 MILLION YUAN ($85.80 million) VIA SHARE PRIVATE PLACEMENT TO REPLENISH CAPITAL AND REPAY INTEREST-BEARING DEBT($1 = 6.9931 Chinese yuan renminbi)

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