SPM plans to raise no more than 1.291 billion yuan through a private placement
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SPM plans to issue A-shares to specific targets, raising no more than 1.291 billion yuan. The raised funds will be used for multiple projects, including the construction of a precious metal functional materials laboratory, an AI laboratory, a secondary resource regeneration base, green recycling projects, processing of new alloy materials, and the industrialization of platinum-based anti-cancer drugs, as well as to supplement working capital
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