Shengke Communications announced that the company disclosed plans to issue A-shares to specific targets in 2026. It plans to issue no more than 41 million shares to no more than 35 specific targets. The total capital raised is expected to be no more than 4.805 billion yuan. It is intended to be used for next-generation high-performance switching chip R&D and industrialization projects, next-generation interconnection software, hardware and protocol research projects, and supplementary liquidity. The plan has been reviewed and approved by the 15th meeting of the 2nd board of directors. It still needs to be reviewed and approved by the shareholders' meeting, reviewed and approved by the Shanghai Stock Exchange, and registered with the approval of the China Securities Regulatory Commission.

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