CompaniesOtherNews brief

Longsys Completes RMB 3.7 Billion Private Placement at 45% Premium

Published: Updated: By 24TopNews Editorial Desk

Longsys Electronics has completed a private placement that raised RMB 3.7 billion, with the placement price reflecting a 45% premium. The transaction has been formally concluded, and the relevant reports have been released. The company stated that specific issuance details, including the number of shares and the exact pricing mechanism, are as per its official announcement. No further information was provided. The placement is now fully completed.

Longsys Electronics has completed a private placement raising RMB 3.7 billion, with the placement price reflecting a 45% premium. The transaction has been formally concluded, and the company has released the related reports. The company said that specific issuance details are as per its official announcement, and no further information was provided.