Recently, Jiangsu Chuanyi Technology Co., Ltd. convened the 14th session of its fourth board of directors on May 29, 2026, to deliberate on and approve a strategic financing plan. As outlined in the plan, the company intends to secure funding of up to 871 million yuan from a select group of no more than 35 specific investors through a targeted fundraising initiative. These funds are earmarked for pivotal projects, including the renovation and expansion of the intelligent production line in Gaoyou, the expansion of the Chongqing Intelligent Manufacturing Center, as well as to bolster working capital reserves.

Specifically, the Gaoyou project is slated to receive an investment of 266 million yuan, while the Chongqing project is projected to require 344 million yuan. The remaining 260 million yuan will be allocated to supplement working capital needs. In terms of the issuance process, a competitive bidding approach will be adopted, with the total number of shares issued not exceeding 30% of the company's pre-issuance total share capital, equating to no more than 86,856,760 shares. Furthermore, the shares subscribed by the issuing entities will be subject to a six-month lock-up period from the date of issuance completion, during which they cannot be transferred.