Fengli Intelligence: plans to issue stocks to specific investors to raise no more than 730 million yuan.

Fengli Intelligent Announcement: The company plans to issue shares to specific objects in the year 2025, raising funds of no more than 730 million yuan. After deducting the issuance expenses, the funds will be used for the New Energy Vehicle Precision Power Gear Intelligent Manufacturing Project, the New Generation Precision Transmission Manufacturing Project, the Precision Transmission R&D Center Construction Project, and for supplementary working capital. The issuance targets not more than 35 specific objects that meet the regulations, including securities investment fund management companies, securities companies, trust companies, etc. The actual controlling persons of the company, Wang Youli and Huang Weihong, as well as the controlling shareholder Fengli Transmission, intend to subscribe to this issuance with a total of no less than 70 million yuan and no more than 140 million yuan in cash. Wang Youli and Huang Weihong will subscribe to the same number of shares and amounts in this subscription.