Hymson Laser Technology Group (SHA:688559) raised net proceeds worth 1.01 billion yuan from the issuance of shares, according to a Thursday filing on the Shanghai Stock Exchange.
The Chinese laser intelligent equipment producer issued 40 million shares at 25.49 yuan apiece to 13 investors.
Shares of the company dropped more than 2% in recent trade.
Price (RMB): ¥27.32, Change: ¥-0.69, Percent Change: -2.46%
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