Shenzhen Laibao Hi-Tech To Raise Funds Via Private Placement

About this update from Shenzhen Laibao Hi-tech Co., Ltd. Class A

Shenzhen Laibao Hi-Tech Co Ltd SZSE:002106:SAYS IT PLANS TO RAISE UP TO 2.5 BILLION YUAN ($363.34 million) VIA A-SHARE PRIVATE PLACEMENT TO FUND PROJECT, REPLENISH CAPITAL($1 = 6.8807 Chinese yuan renminbi)

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