Sunlord (300322.SZ) announced after the market closed on August 12 that it intends to issue A-share stocks to no more than 35 specific objects, raising a total of no more than 1.096 billion yuan. After deducting issuance expenses, the funds will be used for server heat dissipation modules, lightweight radio frequency components for smart glasses, low-orbit satellite communication antennas and module projects, and to supplement working capital. This private placement aims to improve the company's server heat dissipation product layout and enhance its large-scale delivery capabilities; seize the window of industrialization for smart glasses to drive product upgrades; and promote the industrialization of satellite communication research and development results, expanding the development space for the antenna main business.
