Wanwei High-tech: Plans to raise no more than 3 billion yuan through a private placement to the controlling shareholder for projects including polyvinyl alcohol resin

2026-03-12 04:30:48

People’s Financial News, March 11 — Wanwei High-tech (600063) announced on March 11 that the company plans to issue 467 million A-shares to its controlling shareholder, Wanwei Group, all of which will be subscribed to with cash. The total amount of funds raised will not exceed 3 billion yuan and will be fully used for the 200,000-ton-per-year ethylene-based functional polyvinyl alcohol (PVA) resin project and the annual production of 30 million square meters of high-generation panel PVA optical film project.

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