Anlu Technology’s application for the private issuance of A-share stocks to specific investors has been officially registered and is now in effect. This refinancing initiative entails issuing stocks to a maximum of 35 targeted investors, with an anticipated total fundraising amount not exceeding 1.262 billion yuan. The proceeds will be utilized to bolster the company’s core competitiveness in the high-end Field Programmable Gate Array (FPGA) chip sector and to advance localization efforts. All raised funds will be earmarked for two key technological innovation projects: the research and development of ultra-large-scale FPGA chips on an advanced process platform, and the enhancement and industrialization of FPGA & FPSoC chips on a planar process platform.