According to the Shennan Circuit announcement, the company plans to issue A-shares to no more than 35 specific targets, with no more than 30% of the total share capital before issuance. The pricing reference date is the first day of the issuance period. The issue price is not lower than 80% of the average trading price of the company's stock in the 20 trading days before the pricing benchmark date, and the subscribed shares cannot be transferred within 6 months from the end of the issuance. The total amount of capital to be raised this time will not exceed 4.367 billion yuan, of which 3.6 billion yuan will be used for the Wuxi Shennan Circuit AI computing power electronic circuit product project, and 767 million yuan will be used to supplement working capital. The offering is subject to review and approval by the Shenzhen Stock Exchange and the approval of the China Securities Regulatory Commission for registration.

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