Nancal Technology (603859.SH) Plans Private Placement to Raise Up to 1 Billion Yuan

Stock News2025-10-10

Nancal Technology Co.,Ltd. (603859.SH) has announced its 2025 private placement plan for A-shares to specific investors. The issuance will target no more than 35 specific investors, including Ms. Zhao Lan, one of the company's actual controllers. Ms. Zhao Lan's subscription amount totals 30 million yuan. The company expects to raise total funds not exceeding 1 billion yuan (inclusive), which will be allocated to the following projects after deducting issuance expenses: the "Lingqing" Industrial AI Empowerment Platform Construction Project, the "Lingzhu" Industrial Software AI Toolkit Development Project, the "Lingzhi" Embodied Intelligence AI Training and Inference Platform R&D Project, and supplementing working capital.

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