FHEC(SZ:000561) Zheng Quan Zhi Xing·2025-08-29 18:21Group 1 - The core viewpoint of the article is that Shaanxi Fenghuo Electronics Co., Ltd. plans to use part of the raised funds to incrementally increase capital in its subsidiaries for the implementation of fundraising projects [1][6][8] - The total amount of funds raised is approximately 890 million RMB, with 114,249,034 shares issued [1][2] - The funds will be allocated to specific projects, including the development and industrialization of aviation intelligent radio altimeters and precision guidance equipment for drones, with a total expected investment of 911.60 million RMB [2][3] Group 2 - The company intends to increase capital by 340 million RMB to its subsidiary, Changling Technology, with a proportional increase from minority shareholder Changling Industrial [3][6] - An additional 180 million RMB will be invested in the Industrial Park Company, with a similar proportional increase from its minority shareholder, Changling Electric [3][6] - The capital increase is aimed at supporting the construction of the "Aviation Intelligent Radio Altimeter and Drone Precision Guidance Equipment R&D Industrialization Project" and the "Radar Navigation System Research and Innovation Base Project" [6][8] Group 3 - The independent financial advisor, Western Securities, has verified that the use of raised funds complies with relevant regulations and is beneficial for the implementation of the fundraising projects [6][8] - The company has followed necessary legal procedures, including board approval and plans to submit the capital increase to the shareholders' meeting for further approval [8][9] - The financial advisor concluded that the capital increase does not alter the intended use of the raised funds and does not harm the interests of the company or its shareholders [6][8]