Sino-Platinum Metals (600459.SH) Plans Private Placement to Raise Up to 12.91 Billion Yuan

Stock News09-22

Sino-Platinum Metals Co.,Ltd. (600459.SH) announced that the company plans to issue A-shares to specific investors, with total fundraising not exceeding 12.91 billion yuan (inclusive). After deducting issuance expenses, the raised funds are intended for investment in the following projects: National Key Laboratory Platform Construction Project for Precious Metal Functional Materials, AI Laboratory Construction Project for Precious Metal New Materials, Modern Industrial Base Project for Enrichment and Regeneration of Precious Metal Secondary Resources, Green Recycling Project for Precious Metal Secondary Resources, Industrialization Project for Deep Processing and Intelligent Upgrading of Precious Metal Alloy Functional New Materials, Industrialization Project for Platinum Anti-cancer Drug Active Pharmaceutical Ingredients, and supplementing working capital.

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