Xianhe plans to raise no more than 3 billion yuan through a private placement
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According to the announcement from Xianhe, the company plans to issue A-shares to specific targets, raising a total of no more than 3 billion yuan (including the amount). The net amount of this fundraising, after deducting issuance costs, will be used for: Phase II of the high-performance paper-based new materials project in Sanjiangkou New District, Guangxi, and to supplement working capital
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