Liuguo Chemical's private placement raised no more than 800 million yuan to invest in a 280,000 ton/year battery-grade refined phosphoric acid project

On the evening of December 29, Liuguo Chemical released a plan for the private placement of A-shares in 2022. The offering intends to raise no more than 800 million yuan, which will be mainly used for the 280,000 tons/year battery-grade refined phosphoric acid project after deducting the issuance costs. Through the implementation of the fundraising project, the company can quickly expand the iron phosphate industry, the precursor of lithium iron phosphate positive electrode materials. That night, Liuguo Chemical also announced that it plans to...[View original text]