Shenzhen Fluence Technology Plc(300647) ( Shenzhen Fluence Technology Plc(300647) ) announced on March 18 that the company plans to issue shares to specific objects, and the total amount of funds raised is expected to be no more than 220 million yuan. After deducting the issuance expenses, the net amount of funds raised will be used for the phase I sub project of the construction of lithium battery cathode key material production base.