Luoman Co., Ltd. (605289.SH) has officially declared its intention to undertake a private share placement, employing a streamlined process, targeting a select group of no more than 35 specific investors. The volume of shares to be issued will be capped at 30% of the company's total share capital prior to the issuance, with the ambition to raise a maximum of 293 million yuan. Following the deduction of issuance-related expenses, the net proceeds garnered from this offering will be exclusively allocated towards the advancement and operational endeavors of intelligent computing cluster projects.
