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UCloud: Proposed private placement to raise no more than 1.5 billion yuan for the construction and operation of Ulanqab intelligent computing center and intelligent computing cluster projects
Mars Finance News: UCloud announced that the company’s 11th meeting of the third board of directors approved the proposal to issue A-shares to specific targets in 2026. The proposed fundraising total is no more than 1.5 billion yuan, and after deducting issuance costs, all funds will be used for the “UCloud Ulanqab Intelligent Computing Center and Intelligent Computing Cluster Construction and Operation Project.”