Fengzhushou plans to raise no more than 984 million yuan through a private placement, with the controlling shareholder participating in the subscription

Fengzhushou plans to raise no more than 984 million yuan by issuing shares to specific entities. The controlling shareholder, Mr. Luo Hongpeng, will participate in the subscription, with the subscription amount not less than 10% of the actual issuance quantity. The raised funds will be used for the cloud terminal computing power center, the intelligent upgrade of IoT terminals, and the research and development projects of thin terminal SoC chip technology