KE Electric plans to raise no more than 1.5 billion yuan through a private placement to supplement its working capital
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According to the Zhitong Finance APP, KE Electric disclosed a plan for the issuance of A-shares to specific targets. The subscription target for this issuance is Shijiazhuang Hisense Energy Holdings Co., Ltd., which will subscribe for all the shares issued to specific targets using its own funds or legally raised funds in cash. The total amount of funds raised from this issuance to specific targets will not exceed 1.5 billion yuan, and after deducting issuance costs, it is intended to be used entirely to supplement working capital
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