Luther Technology announced that the company plans to issue shares to specific targets through a simple procedure, raising no more than 152 million yuan. After deducting the issuance fee, 110 million yuan will be used for the Yanghe Liquor Lees Resource Utilization Project, and 42 million yuan will be used to supplement working capital. The Yanghe wine lees project has a total investment of 266 million yuan and a construction period of 2 years. After delivery, it will have a processing capacity of 380,000 tons of liquor lees and a production capacity of 250,000 tons of bio-fermented feed. The project has completed investment filing, EIA and energy assessment approval. This offering will strengthen the company, but there is a possibility that earnings per share will be diluted.

Luther Technology announced that the company plans to issue shares to specific targets through a simple procedure, raising no more than 152 million yuan. After deducting the issuance fee, 110 million yuan will be used for the Yanghe Liquor Lees Resource Utilization Project, and 42 million yuan will be used to supplement working capital. The Yanghe wine lees project has a total investment of 266 million yuan and a construction period of 2 years. After delivery, it will have a processing capacity of 380,000 tons of liquor lees and a production capacity of 250,000 tons of bio-fermented feed. The project has completed investment filing, EIA and energy assessment approval. This offering will strengthen the company, but there is a possibility that earnings per share will be diluted.