Jinxin Nuo: plans to issue stocks to raise no more than 292 million yuan for the expansion construction project of high-speed interconnection products for data centers and to supplement working capital.

Jin10 data reported on October 20th that Jin Xin Nuo announced that the company intends to issue shares to specific targets through a simplified procedure, raising a total of no more than 292 million yuan. After deducting issuance costs, all funds will be used for the expansion construction project of high-speed interconnection products for the data center and to supplement working capital. The targets for this issuance are no more than 35 specific investors, the pricing benchmark date is the first day of the issuance period, and the issuance price will not be lower than 80% of the average trading price of the company's shares over the twenty trading days prior to the pricing benchmark date. The number of shares issued this time will not exceed 30% of the company's total share capital before this issuance.