Rayshine Technology (688090.SH) plans to raise no more than 784 million yuan for industrialization projects such as high-precision and high-speed six-axis robot.

The Zhitong Finance and Economics APP reported that Ruison Technology (688090.SH) issued an announcement, stating that the company plans to issue stocks to specific targets, with a total fundraising amount of no more than 784 million yuan (including this amount). The net amount of funds raised after deducting issuance expenses will be used entirely for: high-precision high-speed six-axis robot industrialization project, headquarters and research and development center upgrade project, supplementary working capital, and repayment of bank loans project.