
YONGDONG plans to raise no more than 365 million yuan through a private placement of shares

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YONGDONG plans to raise no more than 365 million yuan by issuing A-shares to specific investors. The issuance targets no more than 35 specific investors, with the issuance price not lower than 80% of the average price of the 20 trading days prior to the pricing benchmark date. The raised funds will be used for a 2×100,000 tons per year anthracene oil deep processing project and to supplement working capital
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