Chinese battery firm Camel Group is set to construct a lithium-ion production line and a lead-acid scrap treatment project, reports the Shanghai Metals Market website.
The company aims to raise just under 900 million yuan ($138million) through a public offering.
The majority of the cash, 550 million yuan ($84.4million), will be used to construct 700 million Wh/yr motive lithium-ion battery production line.
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