BRIEF-Shengyi Electronics To Raise Funds Via A-Share Private Placement

Reuters11-17

BRIEF-<a href="https://laohu8.com/S/688183">Shengyi Electronics</a> To Raise Funds Via A-Share Private Placement

Nov 17 (Reuters) - Shengyi Electronics Co Ltd 688183.SS:

SAYS IT PLANS TO RAISE UP TO 2.6 BILLION YUAN ($365.80 million) VIA A-SHARE PRIVATE PLACEMENT TO FUND PROJECTS, REPLENISH CAPITAL, REPAY LOANS

Source text

Further company coverage: 688183.SS

($1 = 7.1077 Chinese yuan renminbi)

(Reporting by Beijing Newsroom)

((Xiuhao.Chen@thomsonreuters.com;))

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