Guangha Communication (300711.SZ) plans to raise up to 750 million yuan through a private placement of stocks.

China Fortune Financial News APP News, Guangha Communication (300711.SZ) announced the issuance of A-shares to specific investors, with the number of investors not exceeding 35. The total amount of funds to be raised is expected to be no more than 750 million yuan, which will be used for the following projects after deducting issuance expenses: the construction of a new generation intelligent dispatch system project, the upgrade construction project of the digital command system, and the research project on the intelligent core technology of the dispatch command system.