Shenghong Technology announced that the company and Thailand's Shenghong signed a “quadripartite supervision agreement” with Bank of China Co., Ltd. and the sponsor Guoxin Securities. The agreement involved the company's issuance of A-shares to specific targets to raise capital. The total capital raised was about 1.9 billion yuan, and the net amount was about 1,876 billion yuan, for a high-multi-layer printed circuit board project in Thailand.

Shenghong Technology announced that the company and Thailand's Shenghong signed a “quadripartite supervision agreement” with Bank of China Co., Ltd. and the sponsor Guoxin Securities. The agreement involved the company's issuance of A-shares to specific targets to raise capital. The total capital raised was about 1.9 billion yuan, and the net amount was about 1,876 billion yuan, for a high-multi-layer printed circuit board project in Thailand.