Cambrian: Sets Up a Special Account for Raised Capital and Inks Supervisory Pact
1 day ago / Read about 0 minute
Author:小编   

Cambrian made a public notice announcing that it has issued 3,334,900 shares to targeted investors at a price of 1,195.02 yuan per share, successfully raising a total of 3.985 billion yuan in funds. After accounting for and deducting relevant expenses, the net proceeds amount to 3.953 billion yuan. The company has entered into a supervisory agreement with CITIC Securities and commercial banks. Additionally, it has designated four of its subsidiaries located in Shanghai, Shenzhen, Anhui, and Xi'an as the project implementation entities. These entities will work in tandem to advance the 'Chip Platform Project for Large Models' and the 'Software Platform Project for Large Models'.