Shanghai Junshi Biosciences Co.Ltd(688180) 3 announced on March 7 that it plans to issue no more than 70 million A-share shares to specific objects, and the total amount of funds raised will not exceed 3.98 billion yuan. The net amount of funds raised after deducting the issuance expenses will be used for innovative drug R & D projects, Shanghai Shanghai Junshi Biosciences Co.Ltd(688180) science and technology headquarters and R & D base projects.