Increase investment and layout in the computing power business, Hongjing Technology (301396.SZ) plans to raise no more than 1.354 billion yuan through private placement.

Wisdom Finance APP news, Hongjing Technology (301396.SZ) disclosed the plan to issue A shares to specific targets in 2025, with a total amount of funds raised not exceeding 1.354 billion yuan. After deducting issuance expenses, the net amount is intended to be used entirely for the following projects: 1.054 billion yuan for the construction and operation project of intelligent computing power cluster, and 300 million yuan for supplementary working capital.