Laplace Unveils PV-focused Capital Raise

PVTIME – As confirmed in an official filing published on 14 June, Laplace is set to launch a private placement scheme to secure up to RMB 2.2 billion. The pooled capital will support strategic development across specialised equipment, manufacturing expansion, digital transformation, and general corporate liquidity.

The projected total expenditure for all initiatives amounts to RMB 2.216 billion. The planned budget distribution includes RMB 1.25 billion for the research and development of high-end photovoltaic and semiconductor equipment, as well as RMB 135 million for the second phase of development of its PV equipment facility in Wuxi. A further RMB 156 million will fund company-wide digital modernisation, while the remaining RMB 660 million will bolster operational cash reserves.

The business has outlined that its funding strategy prioritises its core innovative divisions. The fresh capital is expected to enhance its technological research capabilities and strengthen its position as a leading innovator in the high-end manufacturing sector.

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