Chongqing Sokon Industrial Group Co., Ltd (SHSE:601127) is seeking financing. Chongqing Sokon plans to raise CNY 3.9 billion by issuing up to 142 million shares in a private manner at a price of CNY 27.82 per share. The proceeds will be used in the company's pure electric passenger car and smart car development projects, according to Chongqing Sokon Industry Group Co., Ltd.