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3D Communication has unveiled a strategic proposal (Note: The term 'yù'àn' in this context denotes a 'plan' specifically related to stock issuance. In English financial parlance, this is aptly translated as 'proposal'. Hence, 'proposal' is employed here for enhanced clarity) for the issuance of A-shares to selected investors in 2026. The company aims to issue shares to a maximum of 35 designated investors, with the objective of raising funds not exceeding 992 million yuan. Following the deduction of issuance expenses, the proceeds will be allocated to the Satellite-Ground Integrated Communication System project, research and development endeavors in next-generation communication technologies, as well as to bolster working capital and settle interest-bearing liabilities.
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