
Kingsignal plans to raise no more than 292 million yuan through a simplified procedure for a private placement

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Kingsignal plans to issue shares to specific investors through a simplified procedure, raising no more than 292 million yuan. This issuance will target no more than 35 specific investors, with the issuance price not lower than 80% of the average price of the 20 trading days prior to the pricing benchmark date. The raised funds will be used for the expansion of high-speed interconnection products for data centers and to supplement working capital
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