Accelink Technologies (Stock Code: 002281.SZ) has officially declared its intention to raise a maximum of 3.5 billion yuan through a private placement scheme. The proceeds from this capital raise will be earmarked for a series of strategic projects, encompassing the production and construction endeavors related to optical connections and high-speed optical transmission products tailored for computing centers. Additionally, the funds will fuel research and development initiatives focused on high-speed optical interconnection and emerging optoelectronic technologies. A portion of the raised capital will also be utilized to bolster the company's working capital reserves.
Significantly, China Information and Communication Technologies Group, the de facto controller of Accelink Technologies, has committed to subscribing to the newly issued shares in cash. The subscription ratio set by the controller ranges from a minimum of 10% to a maximum of 30% of the total shares issued through this private placement.
