Youker: plans to raise 1.5 billion yuan for the Ulanqab Smart Computing Center project.

Youke Announcement states that the company will issue A-shares to specific objects in 2026, with a total fundraising amount not exceeding 1.5 billion yuan. After deducting the issuance expenses, the funds will be invested in the construction and operation of the Youke Ulanqab Smart Computing Center and Smart Computing Cluster project, with a total investment of 1.817 billion yuan. The necessity of the project lies in meeting the needs of downstream customers, conforming to the development trend of AI applications, and leveraging the advantages of Ulanqab. The feasibility of the project is based on compliance with national industrial policies, the company's possession of technology and management systems, and the significant advantages of local location resources. The project has completed filing and environmental impact assessment procedures.