Qiangrui Technology (301128.SZ) plans to raise no more than 1.05 billion yuan through a private placement to fund projects such as precision liquid cooling components for AI servers.

According to Zhitong Finance APP, Qiangrui Technology (301128.SZ) has released a proposal for a specific target stock issuance for the year 2026. This issuance plans to raise a total of no more than 1.05 billion yuan (inclusive of the amount), and the net proceeds after deducting related issuance costs will be completely used for the following projects: R&D and manufacturing project for AI server precision liquid cooling components and server automation assembly and testing equipment; manufacturing project for precision components of high-end semiconductor equipment; construction project of Qiangrui Technology headquarters base in Longhua District, and to supplement working capital.