Zhuosheng Micro plans to raise no more than 3.5 billion yuan for the expansion project of RF chip manufacturing.

On January 26th, Jin10 Data reported that Zhuo Sheng Micro announced the issuance of A shares to specific objects in 2025, planning to raise no more than 3.5 billion yuan by issuing A shares to no more than 35 specific objects and investing in RF chip manufacturing expansion projects and supplementing working capital. According to Zhuo Sheng Micro’s 2024 performance forecast previously disclosed, the company is expected to achieve revenue of 4.491 billion yuan and a net profit attributable to the parent company of 380 million yuan to 493 million yuan in 2024. After this issuance is completed, the company’s asset-liability ratio is expected to decrease, the capital structure will be further improved, which is beneficial to the company to reduce financial risks, enhance its funding strength, and further strengthen its risk resistance ability.