Farsoon Technologies announced that its board of directors has approved an adjustment to the 2026 plan for issuing A-shares to specific investors. The maximum number of shares to be issued has been adjusted to no more than 125 million shares, and the total funds to be raised have been adjusted from no more than 3.91 billion yuan to no more than 2.94 billion yuan. The proceeds are intended for a project to expand production capacity for advanced additive manufacturing equipment, a project to build an integrated additive manufacturing service platform, and a project to build a global operations center.
Farsoon Technology Co. Ltd. AFarsoon lowers its private-placement fundraising cap from 3.91B to 2.94B yuan for additive-manufacturing capacity, platform, and global operations projects.
