---
title: "YUEGUI plans to raise no more than 900 million yuan through a private placement"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/241052876.md"
description: "According to the Zhitong Finance APP, YUEGUI announced that the company plans to issue A-shares to specific targets, raising a total of no more than 900 million yuan. The net amount after deducting issuance costs will be used for: a 100,000 tons/year refined wet-process phosphoric acid project, an investment project for glass-grade quartz sandstone mine in the Bai Mian Stone Mining Area of Xiata Town, Yingde City, Guangdong Province, and the large-scale and automated transformation project of the Yun Sulfur Mining crushing and grinding system"
datetime: "2025-05-20T13:11:07.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/241052876.md)
  - [en](https://longbridge.com/en/news/241052876.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/241052876.md)
generator: "portal-rs"
---

# YUEGUI plans to raise no more than 900 million yuan through a private placement

According to the Zhitong Finance APP, YUEGUI (000833.SZ) announced that the company plans to issue A-shares to specific targets, raising a total of no more than 900 million yuan. The net amount after deducting issuance costs will be used for: a 100,000 tons/year refined wet-process phosphoric acid project, an investment project for glass quartz sandstone mine in the Bai Mian Stone Mining Area of Xiatai Town, Yingde City, Guangdong Province, and the large-scale and automated transformation project of the Yun Sulfur Mining crushing and grinding system

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**