AAV Company conducted a capital increase by issuing 30 million shares in 2021 to raise funds for business expansion and development activities. According to the progress report, AAV has utilized a significant portion of the raised capital for strategic projects, including infrastructure investment and production technology upgrades. Specifically, about 70% of the capital has been allocated to these activities, contributing to revenue growth for the company. AAV is committed to continuing to report the detailed progress of capital utilization in the future, ensuring transparency in financial management.
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