--- title: "GRG Metrology & Test plans to raise no more than 1.3 billion yuan through a private placement" type: "News" locale: "en" url: "https://longbridge.com/en/news/249610414.md" description: "According to the Zhitong Finance APP, GRG Metrology & Test has announced a plan for the issuance of A-shares to specific targets in 2025. The total amount of funds raised from this issuance will not exceed RMB 1.3 billion (including the principal), and after deducting issuance costs, it is intended to be used for the following projects: aviation equipment (including low-altitude) testing platform project, next-generation artificial intelligence chip testing platform project, satellite internet quality assurance platform project, and data intelligence quality safety inspection and testing platform project" datetime: "2025-07-22T14:01:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/249610414.md) - [en](https://longbridge.com/en/news/249610414.md) - [zh-HK](https://longbridge.com/zh-HK/news/249610414.md) --- # GRG Metrology & Test plans to raise no more than 1.3 billion yuan through a private placement According to the Zhitong Finance APP, GRG Metrology & Test (002967.SZ) has announced a plan to issue A-shares to specific targets for the year 2025. The total amount of funds raised from this issuance will not exceed RMB 1.3 billion (including the principal), and after deducting issuance costs, it is intended to be used for the following projects: aviation equipment (including low-altitude) testing platform project, next-generation artificial intelligence chip testing platform project, satellite internet quality assurance platform project, and data intelligence quality safety inspection and testing platform project ### Related Stocks - [002967.CN](https://longbridge.com/en/quote/002967.CN.md) - [SOXL.US](https://longbridge.com/en/quote/SOXL.US.md) ## Related News & Research - [Here's why Astera Labs' stock just staged a big gain](https://longbridge.com/en/news/286969770.md) - [TGT Stock Alert: What to Know as Target Taps Former Walmart Exec](https://longbridge.com/en/news/286957668.md) - [Nvidia Will Report Q1 Earnings on May 20 — Options Traders Expect an 8.65% Move in NVDA Stock](https://longbridge.com/en/news/286763191.md) - [IonQ (IONQ) Is Building the Real Deal in Quantum but at a Steep Price](https://longbridge.com/en/news/287035438.md) - [NVIDIA CEO Jensen Huang at Dell Technologies World: “Demand Is Going Parabolic, Utterly Parabolic”](https://longbridge.com/en/news/286825813.md)