FilingReader Intelligence

Adisseo plans targeted share issuance to fund expansion

April 16, 2025 at 05:34 PM UTCBy FilingReader AI

Bluestar Adisseo Company (SSE:600299) intends to issue A-shares to specific targets, aiming to raise up to CNY 3 billion to fund several key projects. The funds are earmarked for the "15,000 tons/year solid methionine project" (CNY 1.743 billion), specialty product projects (CNY 257 million), a sustainable development initiative focusing on waste-water treatment (CNY 100 million) and for general working capital (CNY 900 million).

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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