Tianyue Advanced (688234.SH) announced that the company plans to issue stocks to specific targets through a simplified procedure with the intention of raising funds...
According to the announcement of Tianyue Advanced (688234.SH), the company plans to issue stocks to specific targets through a simplified procedure, raising a total capital of no more than 0.3 billion yuan (including this amount), and the net capital raised after deducting relevant issuance expenses will be used for the 8-inch automotive-grade silicon carbide substrate preparation technology upgrade project.