Both Engineering Technology (SHA:601133) looks to raise up to 1.20 billion yuan from the sale of 158.4 million shares to up to 35 investors, according to a Wednesday bourse filing in Shanghai.
The cleanroom system integration company plans to use the proceeds from the private placement to fund cleanroom construction projects, secondary equipment projets for integrated circuits and new display factories, and for working capital.
Minfeng Special Paper (SHA:600235) will invest HK$500,000 to establish a subsidiary in Hong Kong, according to a Wednesday filing with the Shanghai Stock Exchange.Minfeng Hong Kong International will engage in import and export of technology, equipment, and raw and auxiliary materials for the company's main paper business.
Zhejiang Chenfeng Technology (SHA:603685) will invest a total of 1.31 billion yuan in energy storage power station projects, according to a Wednesday bourse filing in Shanghai.The company will invest 660.4 million yuan in the Beiwang Xineng Kailu County 800 megawatt-hour grid-side independent new energy storage power station demonstration project and 654.6 million yuan in the Zuozhong Energy Storage Power Station Project in Tongliao City, China.
Lotus Health (SHA:600186) directors approved subsidiary Hangzhou Lotus Technology Innovation's capital increase in Shanghai Jieyue Xingchen Intelligent Technology by up to 300 million yuan.The investee is a software and information technology company.