CIXING(SZ:300307) Ge Long Hui A P P·2025-11-24 12:39Core Viewpoint - Cixing Co., Ltd. plans to raise a total of no more than RMB 300 million through a private placement, with the net proceeds to be used for various projects related to knitting machinery and functional sportswear production [1] Group 1: Fundraising Details - The total amount to be raised is capped at RMB 300 million, including the principal amount [1] - The net proceeds, after deducting issuance costs, will be fully allocated to specific projects [1] Group 2: Project Allocations - The funds will be used for the construction of a project to produce 1,500 units of 3D integrated sports knitting machines and 50 units of special knitting machines for medical use [1] - Additionally, the funds will support the production of 500,000 pieces of functional sports knitted apparel [1] - The investment will also cover the research and industrialization of 1,170 units of high-end multifunctional special computer knitting machines [1] - Lastly, the funds will be directed towards the research and development of digital analysis and testing technology for the organizational structure and basic properties of knitted fabrics [1]