Leascend Technology (300051.SZ) plans to increase its fundraising by no more than 470 million yuan.

Liansheng Technology (300051.SZ) announced that the company plans to issue A-shares to specific entities, with the intended recipient being Hainan Liansheng. Hainan Liansheng plans to subscribe to all the shares to be issued in this offering with Renminbi cash. The total amount of funds to be raised shall not exceed 470 million yuan (including the principal amount), with the funds raised, after deducting the issuance expenses, intended to be used entirely for supplementing working capital and repaying interest-bearing liabilities.