Epoxy Base Electronic Material (SHA:603002) is looking to raise up to 1.80 billion yuan from the sale of shares to up to 35 investors through a private placement, according to a Saturday filing with the Shanghai Stock Exchange.
The electronic-grade epoxy resin maker will use the proceeds to fund its high-end copper-clad laminates and prepreg project, as well as green upgrades to its prepreg production, the advanced packaging film project, and working capital.