Xinxiang Chemical Fiber To Raise Funds Via A-Share Private Placement

About this update from Xinxiang Chemical Fiber Co., Ltd Class A

Xinxiang Chemical Fiber Co Ltd SZSE:000949:SAYS IT PLANS TO RAISE UP TO 1.3 BILLION YUAN ($191.63 million) VIA A-SHARE PRIVATE PLACEMENT TO FUND PROJECTS, REPLENISH CAPITAL($1 = 6.7839 Chinese yuan renminbi)

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