Sichuan Chuanhuan Technology Co., Ltd. Class ASZSE: 300547

Sichuan Chuanhuan Tech To Raise Funds Via A-Share Private Placement

· Issued by Sichuan Chuanhuan Technology Co., Ltd. Class A

Sichuan Chuanhuan Technology Co Ltd SZSE:300547:

  • SAYS IT PLANS TO RAISE UP TO 1.0 BILLION YUAN ($143.80 million) VIA A-SHARE PRIVATE PLACEMENT TO FUND PROJECT, REPLENISH CAPITAL

  • SAYS IT PLANS TO INVEST 1.1 BILLION YUAN ($158.18 million) IN ADVANCED BUSINESS PARK PROJECT

($1 = 6.9542 Chinese yuan renminbi)