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Tongyou Technology: Strategic Move to Secure Up to 1 Billion Yuan via Private Placement for Pioneering AI Storage and SSD Development Projects
6 hour ago /
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Author：小编
On June 30th, Tongyou Technology unveiled its ambitious strategy to issue A-shares to a select group of investors, with the primary objective of amassing funds not surpassing 1 billion yuan. Following the deduction of issuance-related expenses, the net proceeds are earmarked for the development of a cutting-edge enterprise-level storage system tailored for AI applications across diverse scenarios, as well as the establishment of an SSD R&D hub. Additionally, the funds will fuel the intelligent manufacturing processes for enterprise-level storage systems and SSDs, support the launch of a marketing experience center project, and bolster the company's working capital reserves.
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