Jiangxi Welgao Electronics Co., Ltd.SZSE: 301251

Jiangxi Welgao Electronics Plans Share Private Placement

· Issued by Jiangxi Welgao Electronics Co., Ltd.

On 6ix: 6ix.com/news/jiangxi-welgao-electronics-plans-share-private-placement

Jiangxi Welgao Electronics Co Ltd SZSE:301251:

  • SAYS IT PLANS TO RAISE UP TO 1.3 BILLION YUAN ($192.12 million) VIA SHARE PRIVATE PLACEMENT TO FUND PROJECTS, REPLENISH CAPITAL AND REPAY BANK LOANS

($1 = 6.7667 Chinese yuan renminbi)

Jiangxi Welgao Electronics Co., Ltd. on 6ix