Kingsignal(SZ:300252) Xin Lang Cai Jing·2025-10-20 11:43Core Viewpoint - The company has announced that it meets the conditions for a simplified procedure to issue shares to specific targets, with plans to raise up to 300 million yuan for expansion and working capital [1] Group 1: Share Issuance Details - The type of shares to be issued is A-shares, with a par value of 1 yuan per share [1] - The issuance will be limited to no more than 35 specific investors, all subscribing in cash [1] - The number of shares issued will not exceed 30% of the total share capital prior to the issuance, corresponding to a fundraising amount not exceeding 300 million yuan and not exceeding 20% of the net assets at the end of the most recent year [1] Group 2: Fund Utilization - After deducting financial investments, the intended fundraising amount is capped at 292 million yuan, which will be used for the expansion of data center high-speed interconnection products and to supplement working capital [1] Group 3: Regulatory Approval - The issuance plan is subject to review by the Shenzhen Stock Exchange and requires registration with the China Securities Regulatory Commission [1] - The company will also hold the fourth temporary shareholders' meeting in 2025 [1]