FilingReader Intelligence
Fiberhome raises RMB 1.1bn from strategic investor
August 12, 2025 at 08:29 AM UTC•By FilingReader AI
Fiberhome Telecommunication Technologies raised RMB 1.1 billion through a share placement to China Information Communication Technologies Group.
The state-owned parent company acquired 86.5 million shares at RMB 12.71 each. Net proceeds of RMB 1.09 billion will boost working capital and reduce financial risk.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
SSE:600498•Shanghai Stock Exchange
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