Longsys (Jiangbolong, 江波龙) completed a private placement raising 3.699 billion yuan gross through 6.6071 million shares priced at 560 yuan.

Longsys (Jiangbolong, 江波龙) issued 6.6071 million shares to designated investors at 560 yuan per share. The completed private placement raised approximately 3.699 billion yuan gross, with reported net proceeds of 3.668 billion yuan.

The offering ultimately included 21 investors. E Fund Management received an allocation of 530 million yuan, Jin Changjiang 400 million yuan, Zhao Qixiang 315 million yuan, He Wei 300 million yuan, Caitong Fund Management 248 million yuan, and Nord Fund Management 221 million yuan.

Southern Asset Management received 201 million yuan, while Oriental Alpha Fund Management and several individual investors received additional allocations. The source also lists multiple allocations of approximately 99.9998 million yuan and a 20.7038 million yuan allocation to Xu Limin.