Fangzheng Technology announced that the company plans to issue A-shares to specific targets. The total amount of capital raised this time will not exceed 1.98 billion yuan. After deducting issuance fees, the funds raised will be used for artificial intelligence and computing power high-density interconnect circuit board industrial base projects. The number of shares issued this time is no more than 1,251 million shares, and the issuance targets are no more than 35 specific investors, including the controlling shareholder Huan Xin Fang Ke. Among them, Huanxin Fangke promised to participate in the subscription in cash. The number of subscriptions did not exceed 23.50% of the actual number issued in this issue, and the subscription amount was no more than RMB 465 million. The pricing reference date for this issue is the first day of the issuance period, and the issue price is not less than 80% of the average trading price of the company's stock in the 20 trading days before the pricing benchmark date. The offering is still subject to review and approval by the company's shareholders' meeting, review and approval by the Shanghai Stock Exchange, and registration approval from the China Securities Regulatory Commission.

Fangzheng Technology announced that the company plans to issue A-shares to specific targets. The total amount of capital raised this time will not exceed 1.98 billion yuan. After deducting issuance fees, the funds raised will be used for artificial intelligence and computing power high-density interconnect circuit board industrial base projects. The number of shares issued this time is no more than 1,251 million shares, and the issuance targets are no more than 35 specific investors, including the controlling shareholder Huan Xin Fang Ke. Among them, Huanxin Fangke promised to participate in the subscription in cash. The number of subscriptions did not exceed 23.50% of the actual number issued in this issue, and the subscription amount was no more than RMB 465 million. The pricing reference date for this issue is the first day of the issuance period, and the issue price is not less than 80% of the average trading price of the company's stock in the 20 trading days before the pricing benchmark date. The offering is still subject to review and approval by the company's shareholders' meeting, review and approval by the Shanghai Stock Exchange, and registration approval from the China Securities Regulatory Commission.