Chunguang Technology announced on December 11 that the company plans to issue shares to specific targets to raise no more than 776 million yuan, which will be used for Suzhou Shangteng Technology Manufacturing Co., Ltd.'s new construction project with an annual output of 8 million clean electrical products, Vietnamese production base construction projects, additional working capital, and bank loan repayment.

Chunguang Technology announced on December 11 that the company plans to issue shares to specific targets to raise no more than 776 million yuan, which will be used for Suzhou Shangteng Technology Manufacturing Co., Ltd.'s new construction project with an annual output of 8 million clean electrical products, Vietnamese production base construction projects, additional working capital, and bank loan repayment.