
Rychen Technologies plans to raise no more than 230 million yuan through a private placement, fully subscribed by its actual controller Chen Wandong

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Rychen Technologies plans to issue shares to specific targets, raising no more than 230 million yuan, fully subscribed by the controlling shareholder Chen Wandong. The issuance price is 17.68 yuan per share, and the raised funds will be used to supplement working capital. This transaction constitutes a related party transaction
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