Ninestar to Issue Non-Public Shares and Invest in U.S. Production and R&D Bases

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On July 14, Ninestar Corporation announced plans for a non-public offering of company shares. The goal is to raise millions that the company will then invest in some new projects, including setting up some new businesses in the United States. According to a filing with the Shenzhen stock exchange, Ninestar intends to offer 51,640,230 non-public

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