Aeolus plans to raise no more than 1.1 billion yuan through a private placement to controlling shareholders and others
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Aeolus plans to issue A-shares to its controlling shareholder and other specific entities, raising a total of no more than 1.1 billion yuan. The controlling shareholder, the rubber company, will subscribe for no less than 200 million yuan and no more than 300 million yuan in shares in cash. The raised funds will be used for the high-performance giant engineering radial tire capacity expansion and efficiency enhancement project
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