Polyfluoride plans to raise funds to build lithium salt projects

Sinochem News.
com News on November 24, Fluoride released a plan for non-public issuance of A shares.
It plans to raise funds not to exceed 5.
5 billion yuan (including the number), and 4.
4 billion yuan will be used for annual production of 100,000 tons after deducting issuance costs.
New electrolyte lithium salt project, 1.
1 billion yuan will be used to supplement working capital
.

According to the announcement, the fund-raising projects mainly include the construction of production lines with an annual output of 80,000 tons of lithium hexafluorophosphate, 10,000 tons of bisfluorosulfonimide lithium and 10,000 tons of lithium difluorophosphate.
The proposed plant will be located in the factory area of ​​Duo Fluoride New Materials Co.
, Ltd.
New land in the surrounding area
.

The announcement stated that the target of this issuance is no more than 35 specific targets that meet the requirements of the China Securities Regulatory Commission.
The number of shares issued is calculated by dividing the total funds raised from the issuance by the issue price, and does not exceed 30% of the company's total share capital before the issuance.
, That is, no more than 230 million shares (inclusive)
.