Aluminum Copper Lead

Baoming Technology to raise no more than RMB1.5 billion for projects

On March 1, Baoming Technology announced its private placement plan, aiming to raise no more than RMB1.5 billion (USD0.23 billion); upon deduction of issuing costs, the fund will be used to advance the company's medium-size backlight project, LCD grass deep processing project, and plant synergetic management project, as well as to supplement its cash flows.