Oulai New Material: Plans to Raise No More Than 500 Million Yuan Through Additional Issuance
Oulai New Material plans to raise up to 500 million yuan through a private placement to fund industrialization projects for high-performance copper and superconducting materials, as well as R&D for high-purity metals. Separately, Beijing Li'er intends to acquire a 65.97% stake in Luoyang Lianchuang Lithium Energy Technology for 990 million yuan, making the latter a controlling subsidiary. Luoyang Lianchuang Lithium Energy is a specialized enterprise focused on silicon anode materials. AI
IMPACT Investments in advanced materials like silicon anodes and superconducting components can indirectly support AI hardware development and energy efficiency.