LY iTECH(SZ:002600) Nan Fang Du Shi Bao·2025-06-18 07:26Core Viewpoint - The company, Lingyi Technology, announced adjustments to its fundraising projects, reallocating 5.27 billion yuan, which accounts for 24.90% of the net proceeds from its convertible bonds, to enhance its investment in carbon fiber and cooling precision components, as well as to initiate a new project focused on humanoid robot key components and assembly capabilities [1][3][4]. Group 1: Fundraising Adjustments - The original investment for the "Carbon Fiber and Cooling Precision Components R&D Project" has been increased from 266 million yuan to 743 million yuan, while a new project for "Humanoid Robot Key Components and Assembly Capability Upgrade" will receive 50 million yuan [1][4]. - The total amount involved in the adjustments is 5.27 billion yuan, with significant reductions in other projects, including the "Tianxin Manufacturing Center Construction Project" reduced from 472 million yuan to 165 million yuan, and the "Smart Wearable Device Production Line Construction Project" reduced from 178 million yuan to 57.81 million yuan [3][4]. Group 2: Project Details - The "Carbon Fiber and Cooling Precision Components R&D Project" aims to develop more efficient thermal management solutions to meet the increasing market demand driven by high-power, high-integration, and high-heat terminal devices in the AI and 5G era [7][8]. - The project is expected to have a total investment of 868 million yuan, with an anticipated annual revenue of 1.294 billion yuan and a net profit of 155 million yuan upon reaching full production [8]. - The new "Humanoid Robot Key Components and Assembly Capability Upgrade Project" will focus on enhancing the company's R&D and system integration capabilities in high-end intelligent manufacturing, with a total investment of 137 million yuan and a planned construction period of two years [11][14]. Group 3: Company Overview - Lingyi Technology, established in 2006 and listed on the A-share market in 2018, is a core supplier of AI terminal hardware, providing precision functional components and solutions globally [15]. - The company has maintained a leading position in the global consumer electronics market for several years, setting industry standards in quality, process, and technology [15]. - In 2024, Lingyi Technology achieved a revenue of 44.211 billion yuan, representing a year-on-year growth of 29.56%, with significant contributions from its AI terminal and automotive businesses [17].