Sunway Communication To Raise Funds Via Share Private Placement

About this update from Shenzhen Sunway Communication Co., Ltd. Class A

Shenzhen Sunway Communication Co Ltd SZSE:300136:PLANS TO RAISE UP TO 6.0 BILLION YUAN ($870.15 million) VIA A-SHARE PRIVATE PLACEMENT TO FUND PROJECTS($1 = 6.8954 Chinese yuan renminbi)

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