双良节能：拟向特定对象增发募资不超过约12.92亿元

Core Viewpoint - The company, Shuangliang Energy, has announced a plan to issue shares to specific investors, aiming to raise up to approximately 1.292 billion yuan for various projects, including zero-carbon manufacturing and intelligent hydrogen production equipment [1] Group 1: Share Issuance Details - The share issuance plan was approved by the board on October 23, 2025, and will be submitted for shareholder approval [1] - The issuance will target no more than 35 specific investors, with the number of shares not exceeding 30% of the company's total shares prior to the issuance, equating to approximately 562 million shares [1] - The issuance price will be no less than 80% of the average trading price over the 20 trading days prior to the pricing date [1] Group 2: Fundraising Allocation - The total amount to be raised is approximately 1.292 billion yuan, allocated as follows: - Zero-carbon intelligent manufacturing factory project: total investment of approximately 690 million yuan, with about 493 million yuan from the raised funds [1] - Efficient air-cooling and liquid-cooling intelligent equipment system project: total investment of 423 million yuan, with about 300 million yuan from the raised funds [1] - Medium and high-temperature heat pump and efficient heat exchanger equipment project: total investment of 267 million yuan, with about 193 million yuan from the raised funds [1] - Annual production of 700 sets of green electricity intelligent hydrogen production equipment: total investment of 584 million yuan, with about 200 million yuan from the raised funds [1] - R&D projects: total investment of 245 million yuan, with about 214 million yuan from the raised funds [1] - Intelligent hydrogen equipment and materials R&D center project: total investment of 192 million yuan, with about 174 million yuan from the raised funds [1] - Efficient energy-saving and carbon-reduction equipment system R&D project: total investment of 52.6 million yuan, with about 40 million yuan from the raised funds [1] - Supplementing working capital: total investment of 385 million yuan, with the entire amount from the raised funds [1] Group 3: Revenue Composition - For the first half of 2025, the company's revenue composition is as follows: - Photovoltaic new energy: 68.99% - Energy-saving and water-saving: 31.13% - Inter-segment elimination: -0.12% [2] Group 4: Market Capitalization - As of the latest report, the company's market capitalization stands at 12.2 billion yuan [3]