Core Viewpoint - Zhaomin Technology plans to raise up to 590 million yuan through the issuance of convertible bonds to expand production capacity and enhance its global supply chain for electric vehicle components [1][2]. Group 1: Fundraising and Investment Plans - The company intends to issue convertible bonds with a total amount not exceeding 590 million yuan, with a six-year term [2]. - Of the raised funds, 320 million yuan will be allocated to a new project for producing 800 million sets of electric vehicle components and ultra-precision engineering plastic parts, while 110 million yuan will be invested in a production base in Thailand [2][3]. - The remaining 160 million yuan will be used to supplement working capital [2]. Group 2: Financial Performance and Previous Fund Usage - As of September 30, 2025, Zhaomin Technology had utilized 710 million yuan of the 782 million yuan raised in its 2021 IPO, leaving 111 million yuan unspent [2]. - The company terminated previous projects related to automotive precision injection parts and redirected approximately 280 million yuan of surplus funds to new electric vehicle component production projects [2]. - For the first three quarters of 2025, the company reported revenue of 600 million yuan, a year-on-year increase of 13.8%, and a net profit attributable to shareholders of 107 million yuan, up 2.3% [4]. Group 3: Strategic Partnerships and Market Position - Zhaomin Technology has established partnerships with several international companies in the automotive parts sector, including Sanhua Intelligent Controls and Ametek [1][4]. - The company is actively developing precision components for humanoid robots in response to customer demand and has secured some orders [4]. - The establishment of a production base in Thailand aligns with the company's strategy to meet the localization supply chain needs of its international clients [3][4]. Group 4: Global Expansion Strategy - The company plans to set up wholly-owned subsidiaries in Singapore and Thailand to enhance its international market presence and facilitate overseas business development [5]. - This investment strategy is expected to leverage Singapore's geographical advantages and strengthen cooperation with international markets [5].
肇民科技拟募5.9亿扩产补流 新建泰国基地完善产能配套