On July 26, Tongrun Equipment announced that the company intends to issue shares to specific targets and plans to raise no more than 1.7 billion yuan, which will be used for the following projects after deducting the issuance fee:
It will expand the production capacity of the company's photovoltaic and energy storage inverters and energy storage systems, enhance the company's market competitiveness and market position in the field of new energy, and enhance the company's comprehensive competitiveness, sustainable profitability and risk resistance, which is conducive to the company's sustainable development.
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