Yu Diamond announced on the evening of September 28 that the company plans to use the over-raised funds of 170 million yuan to increase its wholly-owned subsidiary Huajing Precision Manufacturing Co., Ltd. to build a micro-diamond line project for the photovoltaic industry. The fund allocation is as follows:
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Yu Diamond plans to build 170 million micron diamond line project
Abstract Yu Diamond announced on the evening of September 28 that the company plans to use the over-raised funds of 170 million yuan to increase its wholly-owned subsidiary Huajing Precision Manufacturing Co., Ltd. to build a micro-diamond line project for the photovoltaic industry. The fund allocation is as follows: classification cost land acquisition and office, research and development