On February 11, Fusai Technology unveiled its plan to issue A-share stocks to select investors, aiming to raise a sum not exceeding 960 million yuan. Following the deduction of issuance-related expenses, the proceeds will be earmarked for several key initiatives: the construction of an intelligent manufacturing base for automotive interior components in Wuhu, the establishment of a production base in Thailand, the digital upgrading and transformation of core production equipment, and the replenishment of working capital.
