Guizhou Chanhen Chemical Corporation(002895) it is proposed to raise no more than 3.529 billion yuan

Guizhou Chanhen Chemical Corporation(002895) disclose the plan for non-public offering of shares. The issuance targets no more than 35 specific investors in line with the provisions of the CSRC, and the total amount of funds raised does not exceed 3529289400 yuan. The net amount after deducting the issuance expenses is planned to be invested in the comprehensive utilization and production of 120000 T / a food grade purified phosphoric acid project, 100000 t / a food grade purified phosphoric acid project, the new 2.5 million T / a mining project of jigongling phosphate mine, replenishing working capital and repaying bank loans.

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