Sunlord has officially declared its intention to issue stocks to targeted investors, aiming to raise a maximum of 1,095.7725 million yuan (inclusive). Following the deduction of issuance expenses, the proceeds will be allocated to fund innovative projects such as server cooling modules, lightweight RF components tailored for smart glasses, antennas and modules for low-orbit satellite communication, as well as to bolster working capital reserves. Prior to the receipt of the raised funds, the company reserves the right to utilize its own financial resources to advance project investments in accordance with project timelines. Subsequently, these self-funded investments will be systematically replaced with the raised funds, adhering strictly to pertinent regulations and the company's established policies.
