16
Feb
08:41
Jiuling Lithium raises financing target in updated prospectus
Chinese lithium carbonate manufacturer Jiangxi Jiuling Lithium has updated its prospectus with an increased financing target for its initial public offering on the Shanghai Stock Exchange.
The company raised its initial target of CNY 760 million ($110.91m) to the current target of about CNY 3.43 billion. The funds will be used for its Fengcheng subsidiary's new energy material production projects, as well as an increase in supplementary working capi…
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