[Wesheng New material: planning to raise no more than 122 million yuan]-according to an announcement from Wesheng New material, the company intends to issue shares to specific targets with a summary procedure to raise no more than 122 million yuan. It is used for Hefei Helong annual production of 10,000 tons of high-end personalized home appliance composite materials construction project, Suzhou Xingheyuan intelligent manufacturing and energy saving and emission reduction technology transformation project, replenishment of working capital and repayment of bank loans.