Hengtong Optic-Electric: Plans to raise no more than RMB 6.636 billion through a private placement for optical communications and energy interconnection projects.

Hengtong Optic-Electric announced that the company plans to issue A-shares to no more than 35 specific investors, with the number of shares issued not exceeding 740 million, and the total amount of funds raised not exceeding RMB 6.636 billion. The proceeds are intended to be used for the new-generation optical fiber R&D and production project at RMB 758 million, the Inner Mongolia high-end optical new materials construction project at RMB 862 million, the CPO advanced packaging R&D project at RMB 196 million, the Hengtong Data Intelligent Connectivity Communications project at RMB 281 million, the AI advanced optical interconnect project at RMB 1.051 billion, the Hengtong marine energy interconnection and smart operations and maintenance project at RMB 644 million, the 10,000-ton deep-sea laying vessel investment and construction project at RMB 469 million, the Hengtong intelligent manufacturing industrial base project at RMB 385 million, and RMB 1.99 billion for supplementing working capital. The plan still needs to be reviewed by the shareholders' meeting, approved by the Shanghai Stock Exchange, and registered with the China Securities Regulatory Commission.