FilingReader Intelligence
Xiangtan Electric raises up to 2bn yuan for aviation projects
August 22, 2025 at 05:47 AM UTC•By FilingReader AI
Xiangtan Electric Manufacturing plans to raise up to 2 billion yuan through a private A-share placement to specific investors.
The proceeds will fund an aviation electrical system development project (970 million yuan) and a magnetic levitation bearing high-speed motor system project (520 million yuan), with 510 million yuan for working capital.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
News Alerts
Get instant email alerts when Xiangtan Electric Manufacturing publishes news
Free account required • Unsubscribe anytime