JCT(SH:603657) Sou Hu Cai Jing·2025-12-12 01:28Core Viewpoint - The company plans to raise up to 776 million yuan through a private placement of shares to fund new projects aimed at expanding its production capacity in the clean electrical appliance sector [1][3]. Group 1: Fundraising and Project Allocation - The total amount to be raised is not to exceed 776 million yuan, which will be used for the construction of a new production facility in Suzhou, a production base in Vietnam, working capital, and repayment of bank loans [1][3]. - The Suzhou project has a total investment of 481 million yuan and aims to produce 8 million clean electrical appliances annually, with a construction period of two years [3][4]. - The Vietnam project has a total investment of 320 million yuan, also with a two-year construction period, and aims to produce 4.63 million clean electrical appliances annually [4]. Group 2: Business Development and Capacity Expansion - The company is focusing on developing its vacuum cleaner and other complete clean electrical appliance businesses to create synergies with its existing product lines [3]. - Current production capacity is insufficient to meet future market demands, prompting the need for new projects to alleviate production bottlenecks and enhance profitability [3]. - The new Suzhou facility will feature higher automation and advanced testing equipment, aiming to diversify the product range and increase production capacity to 6.24 million complete units annually [3].