Zongheng Co., Ltd. announced that the total capital raised by issuing shares to specific targets will not exceed RMB 5480.00 million. The net amount after deducting issuance fees will be invested in unattended and large-scale drone system industrialization base projects, drone system development and AI technology capacity enhancement projects, additional working capital, and loan repayment. Within the scope of the fund-raising investment project described above, the company can make appropriate adjustments to the investment order and specific amount of the corresponding fund-raising investment project according to the actual situation such as the progress of the project and capital requirements. Before the capital raised is in place, the company can first invest with its own or self-raised capital according to the actual situation of the fund-raising investment project, and replace it after the raised capital is in place.

Zongheng Co., Ltd. announced that the total capital raised by issuing shares to specific targets will not exceed RMB 5480.00 million. The net amount after deducting issuance fees will be invested in unattended and large-scale drone system industrialization base projects, drone system development and AI technology capacity enhancement projects, additional working capital, and loan repayment. Within the scope of the fund-raising investment project described above, the company can make appropriate adjustments to the investment order and specific amount of the corresponding fund-raising investment project according to the actual situation such as the progress of the project and capital requirements. Before the capital raised is in place, the company can first invest with its own or self-raised capital according to the actual situation of the fund-raising investment project, and replace it after the raised capital is in place.