Ningbo Donly Co Ltd. Class ASZSE: 002164

Ningbo Donly To Raise Funds Via Share Private Placement

· Issued by Ningbo Donly Co Ltd. Class A

Ningbo Donly Co Ltd SZSE:002164:

  • SAYS IT PLANS TO RAISE UP TO 1 BILLION YUAN ($148.80 million) VIA A-SHARE PRIVATE PLACEMENT TO FUND PROJECTS, REPLENISH CAPITAL

($1 = 6.7205 Chinese yuan renminbi)