Cecep Wind-Power Corporation (601016.SH) Plans Private Placement to Raise Up to 3.6 Billion Yuan

Stock News11-06

Cecep Wind-Power Corporation (601016.SH) announced its plan to issue shares to specific investors, aiming to raise a total of no more than 3.6 billion yuan (including issuance costs). The net proceeds, after deducting issuance expenses, will be allocated to fund multiple projects, including the CECEP Chayou Right Front Banner (Xinghe County) 500,000 kW Industrial Park Green Power Supply Project (Chayou Right Front Banner portion).

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