YDC: Plans to raise no more than 1.524 billion yuan through a private placement to optimize the layout of domestic and foreign production resources
On the evening of April 28, YDC disclosed the plan for issuing A-shares to specific targets in 2025, intending to raise no more than 1.524 billion yuan for the construction projects of an annual production of 5 million home appliance products in Thailand, an annual production of 1.8 million smart home appliance products, an annual production of 5 million high-performance brushless DC motors, an annual production of 3 million small appliance products in Vietnam, and to supplement working capital
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