Guangdong Hongtu completed the private placement and raised 2.2 billion yuan

Guangdong Hongtu has completed a private placement and successfully raised 2.2 billion yuan. These funds are mainly used to invest in the construction of large-scale integrated lightweight automotive parts intelligent manufacturing projects and Guangdong Hongtu Science and Technology Park Phase II (Automobile Lightweight Parts Intelligent Manufacturing) and other projects to expand the production capacity of lightweight parts. This move will further enhance the company's market competitiveness and promote its continued development in the field of automotive lightweighting.