---
title: "NANCAL plans to issue new shares to raise no more than 1 billion yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/260660980.md"
description: "NANCAL plans to issue A-shares to specific targets, raising no more than 1 billion yuan. The issuance targets include no more than 35 specific investors, including the company's actual controller, Ms. Zhao Lan, who will subscribe for 30 million yuan. The raised funds will be used for the construction of the \"Lingqing\" industrial AI empowerment platform, the development of industrial software AI toolkits, the research and development of embodied intelligent AI training and promotion platforms, and to supplement working capital"
datetime: "2025-10-10T14:56:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/260660980.md)
  - [en](https://longbridge.com/en/news/260660980.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/260660980.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/260660980.md) | [繁體中文](https://longbridge.com/zh-HK/news/260660980.md)


# NANCAL plans to issue new shares to raise no more than 1 billion yuan

According to the Zhitong Finance APP, NANCAL (603859.SH) has announced a plan to issue A-shares to specific investors for the year 2025. The recipients of this issuance will include no more than 35 specific investors (including Ms. Zhao Lan, one of the actual controllers of the company). Ms. Zhao Lan's total subscription amount is 30 million yuan.

This issuance is expected to raise a total of no more than 1 billion yuan (including the principal), and after deducting issuance costs, it is intended to be used for the following projects: "Lingqing" Industrial AI Empowerment Platform Construction Project, "Lingzhu" Industrial Software AI Toolset Development Project, "Lingzhi" Embodied Intelligent AI Training and Promotion Platform R&D Project, and to supplement working capital

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