---
title: "SPM plans to raise no more than 1.291 billion yuan through a private placement"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/258320925.md"
description: "SPM plans to issue A-shares to specific targets, raising no more than 1.291 billion yuan. The raised funds will be used for multiple projects, including the construction of a precious metal functional materials laboratory, an AI laboratory, a secondary resource regeneration base, green recycling projects, processing of new alloy materials, and the industrialization of platinum-based anti-cancer drugs, as well as to supplement working capital"
datetime: "2025-09-22T10:01:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/258320925.md)
  - [en](https://longbridge.com/en/news/258320925.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/258320925.md)
generator: "portal-rs"
---

# SPM plans to raise no more than 1.291 billion yuan through a private placement

According to the announcement from GuoYan Platinum Industry (600459.SH), the company plans to issue A-shares to specific targets, with a total fundraising amount not exceeding 1.291 billion yuan (including the principal). After deducting issuance costs, the raised funds are intended to be invested in: the construction project of the National Key Laboratory Platform for Precious Metal Functional Materials, the construction project of the AI Laboratory for New Precious Metal Materials, the modern industrial base project for the enrichment and regeneration of secondary resources of precious metals, the green recycling project for secondary resources of precious metals, the deep processing and intelligent upgrading industrialization project of new functional materials for precious metal alloys, the industrialization project of raw materials for platinum anti-cancer drugs, and to supplement working capital

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**