China Beilei Communications Aims to Raise Up to 1.922 Billion Yuan via Private Placement for Smart Computing Centers, 5G Network Expansion, and Debt Repayment
2025-03-13 / Read about 0 minute
Author:小编   

China Beilei Communications intends to raise a maximum of 1.922 billion yuan through a private placement of shares. The proceeds will be allocated towards the construction of smart computing centers, the expansion of 5G communication networks, and the repayment of bank loans. Specifically, 1.102 billion yuan is earmarked for the development of smart computing centers, while 520 million yuan will be invested in the construction of 5G communication networks.