Hengtong Optic-Electric (600487.SH) plans a private placement to raise no more than 6.636 billion yuan.

Zhitong Finance APP News, Hengtong Optic-Electric (600487.SH) announced that the company plans to issue A-shares to specific targets, with the total amount of funds raised not exceeding 6.636 billion yuan (including this amount). After deducting relevant issuance expenses, the net amount of funds raised is intended to be used for: the new-generation optical fiber research and production project, the Inner Mongolia Optical High-End Optical New Materials Construction Project, the CPO Advanced Packaging Research and Development Project, the Hengtong Data Intelligent Connectivity Communication Project, the AI Advanced Optical Interconnection Project, the Hengtong (Jieyang) Marine Energy Interconnection and Smart Operation and Maintenance Project, the investment and construction project for a ten-thousand-ton deep-sea laying vessel, the Hengtong Intelligent Manufacturing Industrial Base Project, and supplementary working capital.