[High-tech LED News] Great Wall Computer (000066) recently announced that the company intends to raise no more than 20 specific stocks, no less than 2,500,000 shares, no more than 10 specific targets, and plans to raise funds. No more than RMB 1,183.73 million.
Great Wall Computer said that the proceeds are intended to be used in part to acquire 251,958,647 shares of China Telecom Limited, which constitutes a connected transaction. In addition, the funds raised will also be used to invest in LED power projects, server power projects, tablet projects, and the Great Wall. Controlled cloud computing BOX system research and development projects and supplementary company liquidity.
It is understood that China Electronics has promised to subscribe for the non-public offering of Great Wall Computer in cash at the same price as other issuers, and the subscription amount does not exceed RMB 100 million.
Great Wall Computer said that the proceeds are intended to be used in part to acquire 251,958,647 shares of China Telecom Limited, which constitutes a connected transaction. In addition, the funds raised will also be used to invest in LED power projects, server power projects, tablet projects, and the Great Wall. Controlled cloud computing BOX system research and development projects and supplementary company liquidity.
It is understood that China Electronics has promised to subscribe for the non-public offering of Great Wall Computer in cash at the same price as other issuers, and the subscription amount does not exceed RMB 100 million.
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