Shunjing Technology: Intends to Secure Up to 1.077 Billion Yuan via Private Share Placement to Fund Projects, Including the Establishment of an Annual 10 Million Pressure Sensor Production Facility
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Author:小编   

On June 12th, Shunjing Technology unveiled its strategy to issue A-shares to targeted investors, with the objective of amassing a sum not exceeding 1.077 billion yuan. Following the deduction of issuance-related expenses, the proceeds will be allocated to various projects. These encompass the construction of a facility capable of producing 10 million pressure sensors annually, the development of a production line for 3 million IMUs (Inertial Measurement Units) per year, the establishment of a research and development hub, and the replenishment of working capital.