Shanghai Anlogic Infotech (688107.SH) plans to raise up to 1.262 billion yuan through a private placement.

Anlu Technology (688107.SH) announced that the company plans to issue shares to specific targets, with an estimated total fundraising amount not exceeding 1.262 billion yuan (including this amount). The net proceeds of the fundraising, after deducting issuance expenses, are intended to be invested in the research and development project of advanced technology platform for large-scale FPGA chips, and the upgrading and industrialization project of planar technology platform for FPGA & FPSoC chips.