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19 Jan
14:28

CATL raises funds for capacity expansion, layout improvement

Shenzhen Stock Exchange (SZSE) has accepted CATL's updated private placement request, in which the maximum total fundraising amount has been reduced from CNY 58.2 billion ($9.17 billion) to CNY 45 billion. It believes that CATL's request complies with the general requirements, but the final decision right still belongs to China Securities Regulatory Commission (CSRC).  The funding will be used for five items, including the lit…
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