Nanjing Chervon Auto Precision Technology Co.Ltd(603982) it was announced on December 29 that the company plans to raise no more than RMB 2.284 billion through non-public offering of shares for high-end auto parts intelligent manufacturing project (phase II), auto parts intelligent manufacturing European production base project, new energy parts production base project, supplement working capital and repay loans. It was announced on the same day that the company signed the investment and construction agreement with the Management Committee of Nanjing Jiangning Economic and Technological Development Zone on December 29, 2021, and plans to invest in a new new new energy parts production line south of No. 159, Jiangjun Avenue, Jiangning Economic Development Zone, Nanjing to build an efficient and intelligent industrialized production base. The total investment of the project is expected to be about 502 million yuan.
(interface News)
