Summary by Futu AI
China Energy Engineering Corporation Limited (the "Company") announced that it will issue A shares to no more than 35 specific targets in 2023, raising a total of no more than RMB 9 billion. The proceeds from this offering will be used to invest in four energy and infrastructure projects, including the Hami Demonstration Project for Integrated Complementary and Diversified Energy Supply, Storage and Power Generation ("CHESPG"), which belongs to the category of eco-friendly concept. The company published its IPO prospectus on the website of the Shanghai Stock Exchange on June 12, 2024, and Citic Securities Co., Ltd. will act as the sponsor. The issue price shall not be lower than 80% of the average trading price of A shares in the 20 trading days prior to...Show More