Yunji Group: plans to raise no more than 788 million yuan through private placement.

Yunji Group announced that it intends to issue A-shares to specific investors to raise funds of no more than 788 million yuan, with a total number of shares not exceeding 70.4643 million. The funds raised, after deducting issuance expenses, will be used for the production project of digital twin intelligent conveyor systems and the intelligent operations and maintenance service platform project in Guinea. The issue price of the shares will not be lower than 80% of the average trading price of the company's stock for the 20 trading days prior to the pricing reference date.