SYP(SH:600819) Xin Lang Cai Jing·2026-01-15 14:15Core Viewpoint - Shanghai Yaopi Glass Group Co., Ltd. successfully completed the issuance of A-shares to specific investors for the year 2025, raising a total of 300 million yuan [2][10]. Company Overview - Established in 1983, Yaopi Glass is a leading enterprise in China's glass manufacturing industry and one of the earliest listed companies, focusing on the research and production of high-quality glass [3][11]. - The company has a strong presence in the float glass sector, utilizing advanced online and offline Low-E coating technologies, and is capable of large-scale production of internationally competitive products [3][11]. - In the automotive glass segment, Yaopi Glass supplies various types of glass, including energy-saving, heated, digital smart, and large multi-functional sky curtain glass, to major domestic and international automotive manufacturers such as SAIC, Audi, BYD, NIO, and Xiaomi [3][11]. - The architectural processed glass products have been applied in iconic energy-saving buildings worldwide, including the China Zun in Beijing, Shanghai Tower, Tokyo Skytree, and Marina Bay Sands in Singapore [3][11]. Fundraising Projects - The funds raised will primarily be allocated to two key projects: the Dalian Yaopi melting furnace energy-saving upgrade and float glass production line automation transformation project (referred to as the "Dalian Project") and the Tianjin Yaopi production line energy-saving upgrade and coating process transformation project (referred to as the "Tianjin Project") [4][12]. - The Dalian Project aims to enhance the intelligence level of production lines, maintaining a leading advantage in China's TCO glass market [4][12]. - The Tianjin Project focuses on innovative production processes to address industry pain points related to glare interference from smart automotive screens, promoting product structure upgrades to higher value-added areas and strengthening TCO glass manufacturing capabilities [4][12]. - The construction of these projects will accelerate the establishment of a new production capacity system centered on "technological innovation + green manufacturing," enhancing the company's core competitiveness in the high-end glass sector [4][12].