On December 27, Gelonghui reported that Juxin Technology (688049.SH) announced that it will hold the 17th meeting of the second Board of Directors and the 14th meeting of the second Supervisory Board on December 26, 2024, to review and approve the "Proposal to Use Part of the Excess Fundraising for Investment in New Projects." The company agrees to use no more than 409.3687 million yuan (including interest and Cash / Money Market management income) from the excess fundraising to invest in new projects, and will invest in batches according to the project construction progress.
The investment amount for the new generation end-side AI Chip research and industrialization project is expected to be 101.1074 million yuan, the investment amount for the new generation smart wireless audio SoC chip research and industrialization project is expected to be 169.1756 million yuan, and the investment amount for the research center construction project is expected to be 139.0857 million yuan.
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