Shengyi Electronics: plans to raise up to 2.6 billion yuan through additional fundraising.
Sanyi Electronics announced that it plans to raise funds of no more than 2.6 billion yuan through private placement, with the net proceeds to be invested in the construction of the artificial intelligence computing HDI production base project, the intelligent manufacturing high-density multilayer computing circuit board project, as well as supplementary working capital and repayment of bank loans. The specific objects to whom the shares will be issued are up to 35 qualified specific objects meeting the requirements of the China Securities Regulatory Commission, including securities investment fund management companies, securities companies, trust companies, financial companies, asset management companies, insurance institutional investors, qualified overseas institutional investors, other domestic legal person investors, natural persons, or other qualified investors.
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