China Science and Technology Star Map was approved to raise 2.49 billion yuan

Zhongke Xingtu Co., Ltd. announced that its planned private placement of up to 2.49 billion yuan has been approved by the Shanghai Stock Exchange. The funds raised will be primarily used to build the Xingtu Cloud aerospace information cloud platform, the Xingtu Low-Altitude Cloud and Low-Altitude Monitoring and Flight Services digital infrastructure platform, and the Xingtu Luoshu Defense and Public Security Big Data Intelligent Analysis Platform, as well as to supplement working capital. The company stated that the next step is to await registration approval from the China Securities Regulatory Commission.