NationalChip Technology: Plans to raise no more than 5.061 billion yuan through private placement, for investment in research and industrialization projects of next-generation AI visual processing chips and solutions.

The company plans to issue shares to specific objects to raise funds of no more than 5.061 billion yuan, and the net proceeds from the fundraising will be used for the research and industrialization projects of next-generation AI visual processing chips and solutions, media interactive AI chip research and industrialization projects, end-side AI chip research and industrialization projects, and supplementary working capital. The number of shares issued to specific objects in this issuance shall not exceed 65,130,700 shares, and the number of objects issued shall not exceed 35. The raised funds will be used for the research and production of AI chips to support the business development and market expansion of the company.