Sintoma Communications plans to issue stocks to specific targets to raise funds of no more than 6 billion yuan, which will be fully invested in the commercial satellite communication equipment and component project, etc.

Sunwave Communication announced that this issuance of stocks to specific targets will raise a total of no more than 6 billion yuan. The net proceeds from the issuance, after deducting costs, will be invested entirely in projects for commercial satellite communication devices and components, RF devices and components, and chip thermal dissipation devices and components.