Reported 7 months ago
Jinli Technology (Stock Code: 3228) held a shareholder meeting on June 13, 2024, and approved a private placement of up to 12.8 million shares with a subscription price not lower than 80% of the market price. Chairman Yi Jianman stated that the company turned the loss into profit in the first quarter of 2024 after facing a loss in 2023 due to reduced shipments during the pandemic. With a significant investment in R&D, Jinli Technology has introduced advanced products such as a 64-core server CPU, PCIe 5.0, and upcoming developments like PCIe 6.0/CXL3.1 Switch and NVLink Switch chip, aiming to enhance product efficiency and expand applications in the AI server market.
Source: YAHOO