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Huhua shares: It is planned to raise no more than 586 million yuan for civil explosive production line and storage system projects
Jin10 Data reported on July 28 that HuHua Co., Ltd. announced that it plans to issue stocks to specific investors to raise a total of no more than 586 million yuan. The funds are intended for the automation and information transformation projects of civil explosive production lines and storage systems, the purchase of mining engineering machinery and equipment, the new construction of an automated and intelligent production line for annual output of 2,000 tons of detonators, and to supplement working capital.