Zhiwei Intelligent: Plans to raise no more than 2.87 billion yuan through private placement to fund projects such as the construction and operation of intelligent computing centers.

Mars Finance reported on June 1st that Zhiwei Intelligent (001339.SZ) announced that its board of directors has approved a plan to issue A-shares to specific targets, raising a total of no more than RMB 2.87 billion. The funds will be used for the construction and operation of an intelligent computing center (RMB 2.2 billion) and to supplement working capital and repay bank loans (RMB 670 million). The issuance will be to no more than 35 targets, with the issuance price not lower than 80% of the average stock trading price in the 20 trading days prior to the pricing benchmark date. The lock-up period is 6 months. This proposal still needs to be submitted to the shareholders' meeting for approval. (Company Announcement)