Shandong High Speed Renewable Energy to Raise Up to 718 Million Yuan from Share Sale

MT Newswires Live

2025/07/17

Shandong High Speed Renewable Energy (SHE:000803) is looking to issue 139,888,845 shares to investors at 5.13 yuan apiece, according to a Thursday filing with the Shenzhen exchange.

The issue could raise up to 717.6 million yuan, the filing said.

Proceeds from the share sale will be used to boost working capital and repay bank loans, the filing said.

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