FilingReader Intelligence

Grinm Advanced Materials gets 320m yuan state investment

July 29, 2025 at 05:09 PM UTCBy FilingReader AI

Grinm Advanced Materials will receive 320 million yuan from controlling shareholder China GRINM Group through a non-public share issuance.

The transaction converts existing loans into equity, aimed at enhancing the company's capital structure and reducing financial costs. The deal requires regulatory approvals.

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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