---
title: "Koal plans to raise no more than 283 million yuan through a private placement"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/252019996.md"
description: "According to the announcement from Koal, the company plans to issue shares to specific targets to raise a total of no more than 283 million yuan (including the principal amount). The net proceeds from the fundraising, after deducting issuance costs, are intended to be used for: the industrialization project of anti-quantum cryptography technology, the research and development and industrialization project of a trusted data space platform, and to supplement working capital"
datetime: "2025-08-07T11:22:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/252019996.md)
  - [en](https://longbridge.com/en/news/252019996.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/252019996.md)
---

# Koal plans to raise no more than 283 million yuan through a private placement

According to the Zhitong Finance APP, Koal (603232.SH) announced that the company plans to issue shares to specific targets to raise a total of no more than 283 million yuan (including the principal), and the net amount of funds raised after deducting issuance costs is intended to be used for: the industrialization project of anti-quantum cryptography technology, the research and development and industrialization project of a trusted data space platform, and to supplement working capital

### Related Stocks

- [603232.CN](https://longbridge.com/en/quote/603232.CN.md)

## Related News & Research

- [03:56 ETPowering Europe's AI Era: CHINT Showcases Next-Generation Grid Technologies at CIGRE 2026 to Support Grid Resilience](https://longbridge.com/en/news/295761692.md)
- [Tecnovatica updates market on shareholder stake after capital increase](https://longbridge.com/en/news/295697534.md)
- [Gestamp: pihak terkait manajemen borong saham senilai EUR 252.897,48](https://longbridge.com/en/news/295578871.md)
- [Techstep ASA to present Q2 2026 financial results on webcast](https://longbridge.com/en/news/295815811.md)
- [Microsoft Edge Browser to Get Apple Account Sign-In Support](https://longbridge.com/en/news/295664880.md)