17
Dec
09:12
Hezong to use remaining raised funds for LFP
Chinese manufacturer Hezong Technology proposes to use of part of its raised funds for a new 50,000 tonnnes/year iron phosphate battery project.
Hezong Technology intends to use the unused funds raised for two charging and connectivity projects, a total of CNY 307 million ($48.18m), along with the deposit interest from a designated bank account for the new project in Yacheng, Hunan.
The total amount of the proposed project accounts for 31.59% of the total funds r…
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Anonymous
Very good overview of the weekly steel market.
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