Meili Technology: Plans to raise no more than 585 million yuan for projects such as intelligent suspension.

Meili Technology announced that the company has released a plan for issuing shares to specific objects in 2026, intending to issue shares to no more than 35 specific objects, raising a total amount not exceeding 585 million yuan. After deducting issuance expenses, the funds are intended for the industrialization projects including the annual production of 2 million smart suspension systems and 10 million electric and hydraulic drive elastic components, as well as to supplement working capital. The number of shares issued will not exceed 30% of the company's total share capital before issuance, which is no more than 63.3224 million shares, and the issuance price will be no less than 80% of the average trading price of the company's shares over the 20 trading days preceding the pricing reference date.