Shuanglin Co., Ltd. intends to issue A-shares to a maximum of 35 select investors in 2025, aiming to raise a maximum of RMB 1.5 billion. The proceeds from this offering will be allocated towards the industrialization of roller screws and joint modules, the expansion of high-precision CNC grinding machine capabilities, the establishment of a cutting-edge technology R&D center, and the replenishment of working capital. The total issuance will not exceed 30% of the company's share capital, with a six-month lock-up period for the newly issued shares.
