CATL's Rmb58.2bn private placement for its longterm battery and material plan■ CATL [300750.CH] announced after market close on 12 August that it would issue no more than 232.9m shares to raise no less than Rmb58.2bn.■ The fundraising proceeds will be used for its LiB capacity expansion, R&Dinvestment and working capital needs. According to the plan, […]

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