According to Tongyou Technology's announcement, the company responded to the Shenzhen Stock Exchange's review inquiry letter to issue A-shares to specific targets in 2026. The total amount of capital to be raised this time will not exceed 99,83.5 million yuan to invest in the construction of full-scenario AI enterprise storage systems and SSD R&D centers, the construction of enterprise-level storage systems and SSD intelligent manufacturing, marketing experience center construction, and supplementary liquidity. The implementing entities are all wholly-owned subsidiary Hunan Tongyou Feiji Technology Co., Ltd. By the end of September 2026, the company's storage system production capacity was about 3,000 units/year, and the production capacity of solid-state storage products was about 75,000 units/year; after the completion of the intelligent manufacturing project, production capacity will be increased by 7,000 units/year and 250,000 units/year, respectively, with production expansion ratios of about 233.33% and 333.14%. From January to September 2026, the company's AI-related storage products accounted for 27.06% of revenue. As of the end of October 2026, related sales opportunities exceeded 660 million yuan. The company had no controlling shareholders or actual controllers before and after this offering.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.