Lier Technology plans to raise up to 1.17 billion yuan through a private placement of shares. These funds are earmarked for several projects, including the production of 60,000 tons of new energy coated foil and 36,000 tons of functional special coated foil. Additional investments will go towards a functional coating materials innovation center, a digital platform, and supplementing working capital. AI
RANK_REASON Significant funding round for a company in the new energy materials sector. [lever_c_demoted from significant: ic=1 ai=0.0]
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