WEILI plans to raise no more than 600 million yuan through a private placement
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According to the Zhitong Finance APP, WEILI announced that the company plans to issue A-shares to specific targets, with a total fundraising amount not exceeding 600 million yuan (including the principal). The funds raised, after deducting related issuance costs, will be used for: wind power speed reducer smart factory (Phase I) and to supplement working capital
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