ZSIG plans to raise no more than 407 million yuan through a private placement
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ZSIG plans to issue shares to specific targets, raising no more than 407 million yuan. After deducting issuance costs, the raised funds will be used to repay special payables to China Agricultural Development Group and to supplement working capital. The issuance targets are China Agricultural Development Group and Huazhong Agricultural Assets, both of which have signed a share subscription agreement
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