Ruisong Technology's private share placement application has been accepted by the Shanghai Stock Exchange. The offering is expected to raise no more than 784 million yuan, and after deducting issuance expenses, the net proceeds will be used entirely for the high-precision high-speed six-axis robot industrialization project, the headquarters and R&D center upgrade project, and to supplement working capital and repay bank loans. The sponsor for this offering is Guotai Haitong Securities.
Guangzhou Risong Intelligent Technology Holding Co LtdPrivate placement accepted to fund expansion and repay debt.
Guotai Junan Securities Co Ltd