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Fujirui (688272.SH) has announced its intention to issue a maximum of 22.8 million A-shares to a select group of no more than 35 targeted investors, with the aim of raising a total capital of up to 425 million yuan. Following the deduction of issuance-related expenses, the proceeds will be earmarked for crucial technology upgrades and capacity expansion initiatives for uncooled infrared detectors. Additionally, the funds will support the research, development, and establishment of a satellite laser communication CPA flexible intelligent production line, leveraging advanced precision optoelectronic technology. It's important to note that this strategic plan is subject to the requisite approvals, including endorsement from the shareholders' meeting, scrutiny by the Shanghai Stock Exchange, and final registration with the China Securities Regulatory Commission.
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