CFMOTO(SH:603129) Chang Jiang Shang Bao·2025-04-29 09:51Group 1 - The company plans to raise up to 2.5 billion yuan through the issuance of convertible bonds to fund expansion projects and enhance production capacity [1] - The raised funds will be allocated to a new production base for 3 million sets of motorcycles and electric vehicles, marketing network construction, and information system upgrades [1] - The total investment for the new production base project is estimated at 3.5 billion yuan, with funding sourced from the company's own or self-raised funds [1] Group 2 - As of Q1 2025, the company reported cash and cash equivalents of 7.753 billion yuan, with no short-term or long-term debt [2] - The company achieved record-high revenues of 15.038 billion yuan in 2024, representing a year-on-year increase of 24.18%, and a net profit of 1.472 billion yuan, up 46.08% [2] - In Q1 2025, the company continued its growth trend with revenues of 4.25 billion yuan, a 38.86% increase year-on-year, and a net profit of 415 million yuan, up 49.6% [3]