FilingReader Intelligence
Xiangtan Electric gets approval for 2bn yuan private placement
August 25, 2025 at 02:33 PM UTC•By FilingReader AI
Xiangtan Electric Manufacturing Co received approval from China's securities regulator for a private placement to raise up to 2 billion yuan.
The funds will support aviation electrical systems, magnetic bearing high-speed motor projects, and working capital. The approval is valid for 12 months.
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
Supplementary Source Documents
Xiangtan Electric Motor Co., Ltd.'s Announcement on Obtaining Registration Approval from the China Securities Regulatory Commission for the Issuance of Shares to Specific TargetsAugust 19, 2025 at 08:00 AM UTC
Xiangtan Electric Motor Co., Ltd. 2024 Prospectus for the Issuance of A-Shares to Specific Targets (Registration Draft)August 21, 2025 at 08:00 AM UTC
News Alerts
Get instant email alerts when Xiangtan Electric Manufacturing publishes news
Free account required • Unsubscribe anytime