Exin Diamond has increased its financing by more than 100 million yuan to optimize the product structure of the company

Abstract Exin Diamond (830925) announced on the evening of April 13 that the company plans to issue no more than 17 million shares at a price of 7 yuan/share, and the financing amount should not exceed 119 million yuan. Exin Diamond said that the funds raised will be used to further optimize the company's product...
Exin Diamond (830925) announced on the evening of April 13 that the company plans to issue no more than 17 million shares at a price of 7 yuan per share, and the financing amount should not exceed 119 million yuan.
Exin Diamond said that the funds raised will be used to further optimize the company's product structure, reduce costs, expand the scale of composite diamond tools and gem-quality decorative diamond products, plan to invest 20 million in saw blade technology upgrades, and invest 20 million in composite abrasive tools. 33 million are used for gem-quality decorative diamonds; the remainder is used to supplement liquidity.

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