HUHUA plans to raise no more than 586 million yuan through a private placement for multiple projects and to supplement liquidity
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HUHUA plans to raise no more than 586 million yuan by issuing A-shares to specific targets, mainly for multiple projects, including the automation and informatization transformation of civil explosive production lines and storage systems, the purchase of mining engineering machinery and equipment, the construction of an automated production line with an annual output of 2,000 tons of detonators, and to supplement working capital
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