BGT Group plans to raise no more than 1 billion yuan through a private placement
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According to the Zhitong Finance APP, BGT Group announced that the company plans to issue shares to specific targets, with a total fundraising amount not exceeding RMB 1 billion (including the principal). After deducting issuance costs, the funds are intended for: the improvement project of water supply guarantee capacity in the northern urban area of Kashgar City, Kashgar Region, the EPC general contracting project for the optimization of the entire water treatment system and zero discharge of concentrated brine project of Shanxi Zhongmei Pingdingshan Energy Chemical Co., Ltd., and to supplement working capital
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