XiaSha Precision Manufacturing To Raise Funds Via Private Placement

About this update from Zhejiang Xiasha Precision Manufacturing Co., Ltd. Class A

Zhejiang XiaSha Precision Manufacturing Co Ltd SZSE:001306:SAYS IT PLANS TO RAISE UP TO 800 MILLION YUAN ($112.31 million) VIA SHARE PRIVATE PLACEMENT TO FUND PROJECTS, REPLENISH CAPITAL, REPAY DEBT($1 = 7.1230 Chinese yuan renminbi)

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