Aeolus Raises Funds for Giant Tire Project

Aeolus Company is preparing to issue shares to 16 parties (individuals or organizations) to raise 300 million yuan to implement a giant tire production project.

The project plans to produce 20,000 giant engineering radial tires annually, with a total investment of about 1.464 billion yuan. Of the 300 million yuan raised this time, 78.07% will be used for equipment procurement.