Wisdom Micro: intends to raise no more than 300 million yuan for the research and development project of the next generation mobile communication RF front-end module, and so on.

Hui Zhi Wei announced that the company plans to issue shares to specific targets through a simple procedure, raising a total of no more than 300 million yuan. The funds raised, after deducting issuance costs, will be used for the research and development projects of next-generation mobile communication RF front-end modules, communication module research and development projects for emerging application scenarios, and supplementary working capital.