Shenzhen Jove Enterprise Plans Share Private Placement

About this update from Shenzhen Jove Enterprise Ltd. Class A

Shenzhen Jove Enterprise Ltd SZSE:300814:SAYS IT PLANS TO RAISE UP TO 850 MILLION YUAN ($125.61 million) VIA SHARE PRIVATE PLACEMENT TO FUND PROJECTS, REPLENISH CAPITAL($1 = 6.7668 Chinese yuan renminbi)

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