--- title: "WEILI plans to raise no more than 600 million yuan through a private placement" type: "News" locale: "en" url: "https://longbridge.com/en/news/248964459.md" description: "According to the Zhitong Finance APP, WEILI announced that the company plans to issue A-shares to specific targets, with a total fundraising amount not exceeding 600 million yuan (including the principal). The funds raised, after deducting related issuance costs, will be used for: wind power speed reducer smart factory (Phase I) and to supplement working capital" datetime: "2025-07-17T11:45:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/248964459.md) - [en](https://longbridge.com/en/news/248964459.md) - [zh-HK](https://longbridge.com/zh-HK/news/248964459.md) generator: "portal-rs" --- # WEILI plans to raise no more than 600 million yuan through a private placement According to the Zhitong Finance APP, WEILI (300904.SZ) announced that the company plans to issue A-shares to specific targets, with a total fundraising amount not exceeding 600 million yuan (including the principal). The funds raised, after deducting related issuance costs, will be used for: wind power speed reducer smart factory (Phase I) and to supplement working capital ### Related Stocks - [300904.CN](https://longbridge.com/en/quote/300904.CN.md) ## Related News & Research - [Why Did Vestas Wind Systems (CPSE:VWS) Move Today?](https://longbridge.com/en/news/296452820.md) - [Orkla Non-GAAP EPS of NOK 1.60, revenue of NOK 16.7B](https://longbridge.com/en/news/296456178.md) - [Zaptec insider-linked company buys shares worth NOK 12.36 million](https://longbridge.com/en/news/296378460.md) - [Thai Union earns perfect 100 score in Thai Investors Association 2026 AGM checklist](https://longbridge.com/en/news/296076051.md) - [Kona BidCo raises Zalaris stake to 87.34% after buying 2,337 shares at NOK 100 apiece](https://longbridge.com/en/news/296256150.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**