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Shenyang Machine Tool announced that the company intends to raise funds for non-public issuance of A shares. The company plans to issue non-public shares of no more than 200 million shares (including 200 million shares), and the total amount of funds raised will not exceed RMB 215.25 million. In addition to repaying 600 million yuan of bank loan projects, the rest will be used to complete the overall improvement of its CNC machine tool industry.
In addition to its own project construction, Shenyang Machine Tool has signed a strategic cooperation framework agreement with Siemens (China) Co., Ltd., which marks that China's machine tool leader and world-renowned companies have established a new strategic cooperation metal processing network, and will carry out in-depth Technical cooperation.
Shenyang machine tool invested heavily to build CNC machine tool system base
Recently, Shenyang Machine Tool Group decided to raise funds through the non-public issuance of A shares, and invested more than 1 billion yuan into the core technology development projects of CNC machine tools.