Shandong Link Science and Technology (001207.SZ) plans to raise fund not exceeding 300 million yuan through a simplified procedure for private placement.

Shandong Link Science and Technology (001207.SZ) disclosed a plan to issue shares to specific targets through a simplified process in 2025. The company intends to issue shares to no more than 35 specific targets, with the total number of shares not exceeding 60.7 million (including this amount). The total amount raised from this issuance of shares will not exceed 300 million yuan (including this amount), and the net proceeds after deducting issuance expenses will be used entirely for the nano carbon material project for the production of 100,000 tons of high-voltage cable shielding materials (Phase II).