Jucan Optoelectronics announced that it plans to issue shares to no more than 35 specific investors, with a total capital of no more than 1.5 billion yuan. After deducting issuance fees, it is intended to be used for production expansion and upgrading projects and R&D center construction projects with an annual output of 3 million high-performance red and yellow photonic epitaxial films and chips. The number of shares issued is no more than 30% of the total share capital of the company before this offering, that is, no more than 283 million shares.

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