XiaSha Precision Manufacturing To Raise Funds Via Private Placement

Zhejiang XiaSha Precision Manufacturing Co Ltd 001306:

• SAYS IT PLANS TO RAISE UP TO 800 MILLION YUAN ($112.31 million) VIA SHARE PRIVATE PLACEMENT TO FUND PROJECTS, REPLENISH CAPITAL, REPAY DEBT

($1 = 7.1230 Chinese yuan renminbi)