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BrightGene raises 500m yuan, reports mixed results

August 11, 2025 at 08:32 AM UTCBy FilingReader AI

BrightGene Bio-Medical Technology's 500 million yuan private share issuance to its controlling shareholder was approved by the Shanghai Stock Exchange, with proceeds earmarked for working capital and loan repayment.

The company reported 2024 net profit of 141.3 million yuan, down from 173.4 million yuan previously, while making significant capital investments in production facilities.

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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