FilingReader Intelligence
Shandong High Speed Renewable Energy raises RMB718m
July 16, 2025 at 05:01 PM UTC•By FilingReader AI
Shandong High Speed Renewable Energy Group will issue up to 139.9 million A-shares at RMB5.13 each to SH Industrial Investment, raising up to RMB717.6 million.
The shares represent up to 30% of total share capital and are subject to a 36-month lock-up period. Proceeds will fund working capital and repay bank borrowings.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
HKEX:1250•Hong Kong Exchange
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