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Zhongce Rubber IPO plans to raise 7 billion yuan

 Last Update: 2023-02-01
 Source: Internet
 Author: User

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Recently, Zhongce Rubber Group Co.
, Ltd.
(hereinafter referred to as Zhongce Rubber) issued an initial public offering (IPO) prospectus (declaration draft), intending to be listed
on the main board of the Shanghai Stock Market.

It is reported that the number of shares that Zhongce Rubber intends to publicly issue this time does not exceed 197 million shares, and all of them are new shares, and the number is not less than 10%
of the total number of shares of the company after the issuance.

The total amount to be raised is 7 billion yuan, which will be used for 6.
5 million sets / year all-steel radial tire green 5G digital factory project, 2.
5 million sets / year all-steel radial load tire production line project, Zhongce Rubber (Jiande) Co.
, Ltd.
Spring and Autumn plant reconstruction and expansion and warehousing supporting project - all-steel radial tire workshop construction project, Zhongce Rubber (Tianjin) Co.
, Ltd.
high-end green tire manufacturing industry chain upgrading and transformation project, R&D project upgrading and information construction technology transformation project, as well as supplementary working capital
。

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