Sihui Fushi: Plans to raise no more than 950 million yuan through additional issuance for an annual production of 600k square meters of high-rise, HDI circuit board project

Gelonghui April 8 | Sihui Fushi announced that the total proceeds to be raised from this company’s targeted issuance of A-share stocks to specific investors will not exceed 95,000.00 million yuan (including this amount). After deducting issuance expenses, the proceeds will be used for the newly built annual production project of 5.58 million square meters of high-reliability circuit boards—namely, the annual production of 600,000 square meters of high-multilayer and HDI circuit boards project (Phase I). Before the proceeds from this targeted share issuance are received, the company will first invest with self-raised funds based on the actual progress of the proceeds’ investment projects, and after the proceeds are received, it will replace them in accordance with the procedures prescribed by relevant regulations.