Fengfan to procure capital through issuing unquoted shares

Fengfan Co., Ltd. decided at a board meeting held on August 16, 2011 that it will raise capital through issuing unquoted shares. The fund, which will be less than 1.06 billion yuan, will be used for constructing production lines to produce 5 million maintenance-free, sealed lead acid batteries and 4 million AGM (....

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