Core Points - Minglida's stock price dropped by 3.64% to 21.20 yuan, indicating it is currently in a state of decline since its IPO [1] - The company raised a total of 1.14 billion yuan through its initial public offering (IPO) and has since issued convertible bonds to raise an additional 1 billion yuan [2][3] Group 1 - Minglida's IPO on April 7, 2022, involved the issuance of 40.01 million shares at a price of 28.50 yuan per share, resulting in a total fundraising amount of 1.14 billion yuan [1] - The net proceeds from the IPO were 1.04 billion yuan, which was 261 million yuan more than initially planned [1] - The funds raised are allocated for projects including lightweight aluminum-magnesium alloy precision structural components and plastic parts manufacturing, R&D center construction, and working capital [1] Group 2 - On August 21, 2023, Minglida announced the issuance of convertible bonds totaling 1 billion yuan, with a face value of 100 yuan per bond [2] - The net proceeds from the convertible bond issuance will be used for the construction of precision structural component production bases in Anhui and Jiangxi, as well as for new energy key component manufacturing projects and working capital [2] - The total amount raised by Minglida from both the IPO and the convertible bond issuance is 2.14 billion yuan [3]