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13 Oct
12:23

Azure raises funds for new lithium projects

Chinese lithium-ion battery producer Azure disclosed its new agenda to raise up to 2.5 billion yuan ($388.54 million) in its performance report late last week. Meeting the requirements of the China Securities Regulatory Commission, no more than 35 people, including the actual controller of the company, will be targeted for non-public issuance of no more than 165 million A-share stocks. It is estimated that during the first three quarters of 2021, the company&rs…
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