---
title: "WEILI plans to raise no more than 600 million yuan through a private placement"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/248964459.md"
description: "According to the Zhitong Finance APP, WEILI announced that the company plans to issue A-shares to specific targets, with a total fundraising amount not exceeding 600 million yuan (including the principal). The funds raised, after deducting related issuance costs, will be used for: wind power speed reducer smart factory (Phase I) and to supplement working capital"
datetime: "2025-07-17T11:45:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/248964459.md)
  - [en](https://longbridge.com/en/news/248964459.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/248964459.md)
---

# WEILI plans to raise no more than 600 million yuan through a private placement

According to the Zhitong Finance APP, WEILI (300904.SZ) announced that the company plans to issue A-shares to specific targets, with a total fundraising amount not exceeding 600 million yuan (including the principal). The funds raised, after deducting related issuance costs, will be used for: wind power speed reducer smart factory (Phase I) and to supplement working capital

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