JW Smart Intelligent Intends to Secure 2.87 Billion Yuan via Private Share Placement for Initiatives Including an Intelligent Computing Center
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Author:小编   

On June 1, JW Smart Intelligent (001339) made an announcement stating its intention to issue A-shares to a maximum of 35 targeted investors, aiming to raise up to 2.87 billion yuan. Following the deduction of issuance costs, 2.2 billion yuan is earmarked for the establishment and ongoing management of an intelligent computing center, while the remaining 670 million yuan will be allocated to bolster working capital and settle bank loans.