---
title: "LIU STEEL CO plans to raise no more than 300 million yuan through a private placement"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/252029240.md"
description: "According to the Zhitong Finance APP, LIU STEEL CO announced that the company plans to issue shares to specific targets through a simplified procedure, raising a total of no more than 300 million yuan, with the net amount to be fully invested in: the 2800mm medium-thick plate high-quality technology upgrade and transformation project"
datetime: "2025-08-07T11:52:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/252029240.md)
  - [en](https://longbridge.com/en/news/252029240.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/252029240.md)
---

# LIU STEEL CO plans to raise no more than 300 million yuan through a private placement

According to the announcement from Zhitong Finance APP, LIU STEEL CO (601003.SH) plans to issue shares to specific targets through a simplified procedure, raising a total of no more than 300 million yuan, with the net amount to be fully invested in: the high-quality technology upgrade and transformation project of 2800mm medium and thick plates

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