---
title: "VRV: Plans to raise no more than 477 million yuan through a private placement for the Xinyuan Mixin Security AI Foundation Project and the Intelligent Emergency Response Platform R&D Project"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/236675385.md"
description: "VRV announced that the company plans to issue shares to specific targets in the 2025 fiscal year, raising a total of no more than 477.3304 million yuan, for the Xinyuan Mixin Security AI Foundation Project and the Intelligent Emergency Response Platform R&D Project. The issuance targets are qualified securities investment fund management companies, securities firms, etc., and the issuance price will not be lower than 80% of the average trading price of the stock over the 20 trading days prior to the pricing benchmark date"
datetime: "2025-04-20T08:31:42.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/236675385.md)
  - [en](https://longbridge.com/en/news/236675385.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/236675385.md)
---

# VRV: Plans to raise no more than 477 million yuan through a private placement for the Xinyuan Mixin Security AI Foundation Project and the Intelligent Emergency Response Platform R&D Project

VRV announced that the company plans to issue shares to specific targets in the 2025 fiscal year, raising a total of no more than 477.3304 million yuan, for the Xinyuan Mixin Security AI Foundation Project and the Intelligent Emergency Response Platform R&D Project. The issuance targets are qualified securities investment fund management companies, securities firms, etc., and the issuance price will not be lower than 80% of the average trading price of the stock over the 20 trading days prior to the pricing benchmark date

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