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China-Based DAS Solar to Raise ~$350 Million via Initial Public Offering

The company is set to invest ~$811.18 million in proposed solar manufacturing facilities

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China-based photovoltaic module manufacturer DAS Solar plans to raise up to RMB 2.5 billion (~$350 million) by issuing up to 58,789,573 shares through an initial public offering (IPO) at RMB 1 (~$0.140) per share.

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