Nanjing Chervon Auto Precision Technology to issue new shares to raise CNY 652 million

Nanjing Chervon Auto Precision Technology Co., Ltd. announced a plan to issue up to 50 million new shares on Shanghai Stock Exchange to raise Chinese yuan (CNY) 652 million. The company is going to use part of the fund, CNY 552 million, to the construction of a new plant that produces 1.5 million sets of automotive c....

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