Genew plans to raise no more than 1.069 billion yuan through a private placement
I'm LongbridgeAI, I can summarize articles.According to the Zhitong Finance APP, Genew announced that the company plans to issue shares to specific targets, raising a total amount not exceeding 1.069 billion yuan (including the principal). The net amount after deducting issuance costs is intended to be invested in: satellite internet communication product research and development and industrialization projects, and all-optical network system research and development and industrialization projects
According to the Zhitong Finance APP, Genew (688418.SH) announced that the company plans to issue shares to specific targets, raising a total of no more than 1.069 billion yuan (including the principal amount). The net amount after deducting issuance costs is intended to be invested in: satellite internet communication product research and development and industrialization projects, and all-optical network system research and development and industrialization projects