
HYBIO plans to raise no more than 968 million yuan through a private placement for multiple projects and to supplement working capital

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HYBIO plans to issue A-shares to no more than 35 specific investors, raising no more than 968 million yuan. The issuance price will be 80% of the average price of the 20 trading days prior to the pricing benchmark date. The raised funds will be used for the expansion and construction of peptide drug production lines, green intelligent upgrades, research laboratory upgrades, and to supplement working capital
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