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Guoxuan High-Tech to raise up to CNY 2 billion for lithium battery projects

On December 7, Guoxuan High-Tech Co., Ltd. announced plans to issue swappable bonds to raise up to CNY 2 billion in funding. The company is going to allocate the funds to launch its lithium drive battery business, set up production lines and auxiliary equipment for producing 15GWh power batteries a year at a plant in....

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