JEI plans to raise no more than 2 billion yuan through a private placement of stocks
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According to the Zhitong Finance APP, JEI has announced a plan for a private placement of shares in 2025, with the total amount of funds raised not exceeding 2 billion yuan (including the principal). The net proceeds from the fundraising, after deducting issuance costs, are intended to be invested in the Xibaipo Power Plant Phase IV project
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