Fuxin Technology (Stock Code: 688662.SH) has officially declared its intention to undertake a private placement of A-shares, targeting specific investors. The funds raised, capped at 270 million yuan, are earmarked for the production and infrastructure expansion of micro semiconductor thermoelectric coolers (Micro TECs). Additionally, the proceeds will fuel technological innovation and informatization enhancements, along with bolstering the company's working capital reserves.
