Longsys (301308.SZ) has successfully wrapped up a private placement, securing RMB 3.7 billion in funds. This was achieved through the actual issuance of 6.6071 million shares, each priced at RMB 560. After accounting for issuance expenses, the net proceeds from this placement reached RMB 3.668 billion. A total of 21 entities, including well-known investors like E Fund and Jinchangjiang, participated in this issuance. All participants are bound by a 6-month lock-up period, during which they cannot sell their shares.