FAWER: FAWER Intelligent plans to introduce strategic investors through a public listing method
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FAWER announced that FAWER Smart will introduce strategic investors through public listing, with an increase in capital amounting to 20 million yuan. The aim is to improve the battery recycling industry chain layout, promote material recycling business, and help build a complete battery recycling ecological industry chain. The price for the capital increase will be determined based on the valuation confirmed by the state-owned assets supervision and administration department. After the final investors are determined, a capital increase agreement and related transaction documents will be signed
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