Zhitong Finance App News, Shengke Communications (688702.SH) announced that the company plans to issue A-shares to specific targets, and the total capital raised is expected to not exceed 4.805 billion yuan (including capital). The net amount of capital raised after deducting issuance fees is to be invested in: next-generation high-performance switching chip R&D and industrialization projects, next-generation connected software, hardware and protocol research projects, and supplementary liquidity.

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