Founder Yanzhong Sci&Tech lowers price of rights issue under bearish market

Following the steps of Jiangsu Zongyi and Zhejiang Guangxia, Founder Yanzhong Sci&Tech sharply adjusts its price of rights issue from 15-23 yuan to 10-17 yuan. Due to the recent slump on the secondary market, some listed companies have to lower their equity financing expectation to prevent further loss.

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