Foryou Corporation to raise funds to invest in projects including automotive lightweight parts capacity expansion
2022-08-23 16:41:33 [Print]
Foryou Corporation announced on August 19 that the company raises a total of no more than RMB2 billion (USD292 million) through non-public issuance of shares
. The raised funds will be used for intelligent automotive electronic products capacity expansion project, automotive lightweight parts production capacity expansion project as well as intelligent driving platform research and development project.