Wencan Holdings plans to adjust the scale of raised funds to 1.3 billion yuan

Wencan Holdings announced that it will adjust the scale of funds raised from the issuance of A-shares to specific targets from no more than 3.5 billion yuan to no more than 1.3 billion yuan. These funds will be used for new energy vehicle parts intelligent manufacturing projects in Anhui, Chongqing and Foshan, as well as to supplement working capital.