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GuangDong Taili Technology to Use Part of IPO Proceeds to Fund R&D Project

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GuangDong Taili Technology (SHE:301595) will invest 30 million yuan to increase the capital of subsidiary Zhongshan Jianju, according to a Friday filing with the Shenzhen bourse.

The amount comes from the proceeds of its initial public offering in 2025.

The funds will help finance the construction of the Nano Valley Industrial Park research and development and production construction project.

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