Core Viewpoint - Kuka Home has received approval from the Shanghai Stock Exchange for its application to issue A-shares to specific investors, aiming to raise 1.997 billion yuan for various projects and to enhance its operational capabilities [1][2]. Financing Details - The proposed financing amount is 1.997 billion yuan, with the issuance directed towards Yingfeng Group, the indirect controlling shareholder of Kuka Home [1]. - Yingfeng Group will subscribe to all shares issued in cash, ensuring the stability of the company's control [2]. Use of Proceeds - The raised funds will be allocated to several projects, including: - Intelligent transformation of home product production lines - Expansion of functional iron frame production lines - AI and retail digital transformation projects - Digital enhancement of brand building - Supplementing working capital [1]. Shareholding Structure - As of the signing date of the fundraising prospectus, He Jianfeng, through Yingfeng Ruihe Investment, controls 242 million A-shares, accounting for 29.42% of Kuka Home [1]. - Post-issuance, He Jianfeng's total control over the company’s shares will increase to 37.37%, maintaining his position as the actual controller of Kuka Home [1]. Management and Governance - Yingfeng Group, controlled by He Jianfeng, is expected to enhance Kuka Home's governance and decision-making capabilities due to its rich investment experience and stable management team [2]. - The financial strength and good financial condition of Yingfeng Group are highlighted as factors that will ensure timely availability of subscription funds for the issuance [2].
顾家家居近20亿元定增申请获通过 实控人何剑锋持股将升至37.37%