China Leadshine Technology (002979.SZ) plans to increase its fundraising by no more than 1.144 billion yuan for the research and production of components and other matters.

China Leadshine Technology (002979.SZ) disclosed the plan to issue A shares to specific investors in 2025. The company plans to issue A shares to no more than 35 specific investors, at a price not less than 80% of the average stock trading price of the company in the 20 trading days before the pricing benchmark date, with a quantity not exceeding 94.24 million shares (including this amount). It is reported that the total amount of funds raised in this issuance will not exceed 1.144 billion yuan (including this amount). The net proceeds from the fundraising, after deducting issuance expenses, will be used for investing in the research and industrialization project of core components of intelligent equipment motion control, information technology construction and intelligent warehousing project, and replenishing working capital.