Jinqiao Information Announces Private Placement to Raise Up to RMB 633 Million
1 week ago / Read about 0 minute
Author:小编   

Jinqiao Information intends to offer A shares to a maximum of 35 selected investors, aiming to raise a cumulative amount not exceeding RMB 633 million. The proceeds from this fundraising will be allocated towards several key initiatives: enhancing the company's core smart space solutions (projected investment of RMB 351 million, fully funded by the raise), funding AI research and development projects tailored for industrial applications (estimated investment of RMB 225 million, with RMB 162 million sourced from the raise), and bolstering its working capital.