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Orient announced that the company plans to issue A shares to no more than 35 specific investors, raising no more than 868 million yuan. After deducting issuance fees, it plans to invest 282 million yuan in the Inner Mongolia sapphire production base construction project and 346 million yuan in the western domestic server cluster construction project to supplement the working capital of 240 million yuan. The maximum number of shares to be issued is 825 million shares. Matters related to this issuance have been reviewed and approved by the board of directors. They still need 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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Orient announced that the company plans to issue A shares to no more than 35 specific investors, raising no more than 868 million yuan. After deducting issuance fees, it plans to invest 282 million yuan in the Inner Mongolia sapphire production base construction project and 346 million yuan in the western domestic server cluster construction project to supplement the working capital of 240 million yuan. The maximum number of shares to be issued is 825 million shares. Matters related to this issuance have been reviewed and approved by the board of directors. They still need 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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