# Oukei plans $8B rights offering for CNC tool industrial park

Oukei (688308.SH) announced a rights offering to raise up to CNY 800 million, with CNY 600 million for a CNC tool industrial park project in Zhuzhou and CNY 200 million for working capital.

- Type: Investment
- Announced: 2022-03-29
- Where: Zhuzhou, China
- Value: $126.0M (800.0M CNY)
- Status: announced
- Products: CNC cutting tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Oukei Co., Ltd.](https://endata.com/companies/57504.md)
- [Zhuzhou Oukei Cutting Tools](https://endata.com/companies/59200.md) (partner)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/691158.html), 2022-03-29: "欧科亿(688308.SH)披露2022年度向特定对象发行A股股票预案，本次发行的发行对象不超过35名符合中国证监会规定条件的投资者"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.