Loongson Zhongke’s RMB 2.3 Billion Private Share Placement Application Greenlit, Funds Earmarked for CPU and General-Purpose GPU R&D
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Author:小编   

On the evening of August 16, Loongson Zhongke unveiled the prospectus for its 2026 private placement of A-shares to targeted investors. The company had already received an acceptance notification from the Shanghai Stock Exchange on August 14, outlining its intention to issue up to 40.1 million shares to a maximum of 35 specific investors, with the total amount of funds raised not surpassing RMB 2.3 billion. This share issuance will only proceed following a thorough review by the Shanghai Stock Exchange and subsequent approval for registration by the China Securities Regulatory Commission.

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