Maxscend plans refinancing for capacity expansion, addresses exchange concerns
** Maxscend Microelectronics (SZSE:300782) is moving forward with plans to issue shares to specific investors, aiming to raise funds for a significant expansion of its radio frequency (RF) chip manufacturing capabilities and to replenish working capital. This initiative comes as the Shenzhen Stock Exchange (SZSE) scrutinizes the company's financial performance, particularly a recent dip in profits and a complex legal landscape including several patent infringement lawsuits.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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