CEE plans to raise no more than 700 million yuan through a private placement for capacity construction, technological upgrades, and other matters
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CEE plans to raise no more than 700 million yuan by issuing A-shares to specific targets, mainly for capacity construction and technological transformation upgrades. This issuance will be directed at no more than 35 specific targets, with actual controller Yang Lin intending to subscribe for no less than 70 million yuan, and the issuance price will be 80% of the company's stock trading average price. The raised funds will be used for the Thailand PCB intelligent production base project, the Huizhou CEE production line technological transformation and upgrade project, and to supplement working capital
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