Juguang Technology announced that the company plans to issue A-shares to specific targets. The total capital raised will not exceed RMB 1,021 million. After deducting the issuance fee, it will be used for high-end optical interconnection core optical component R&D and industrialization capacity building projects, industrialization projects for high-performance substrate materials for high-speed optical communication lasers, high-end equipment industrialization projects for optical interconnection core devices, and supplementary liquidity. The target audience is no more than 35, and the number of issues is no more than 5% of the total share capital of the company before this offering.

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