Megmeet(SZ:002851) Zhong Guo Ji Jin Bao·2026-01-27 10:20Core Viewpoint - The news highlights that prominent private equity investor Ge Weidong participated in the private placement of Magpower, with a total subscription amount of 2.4 billion yuan, indicating strong investor interest in the company [2][5]. Group 1: Fundraising Details - Magpower announced the results of its private placement, raising a total of 2.663 billion yuan by issuing 31.3259 million shares at a price of 85.01 yuan per share [4]. - Notable institutional investors participating in the placement include E Fund, Penghua Fund, and UBS AG, among others [4][6]. - The largest allocation was to E Fund, which received 1.629 billion yuan, equating to 19.1661 million shares [6]. Group 2: Use of Proceeds - The funds raised will be utilized for expanding Magpower's global R&D center, constructing an intelligent power and control R&D testing center, and developing various projects including the second phase of the Changsha Intelligent Industry Center and the second phase of the Thailand production base [7]. Group 3: Stock Performance - Magpower's stock price has seen significant growth, with an increase of over 200% since June 3, 2025, and it reached a new high of 129.26 yuan per share on January 27, 2025, with a total market capitalization of 71.103 billion yuan [12][10]. - The stock has been on an upward trend since late September 2024, reflecting strong market confidence [10]. Group 4: Shareholder Composition - Ge Weidong's family members or partners, including Wang Ping and Ge Guilian, have also been reported as significant shareholders in Magpower, indicating a long-term interest in the company [8][9]. - Wang Ping has increased her holdings to become the fourth-largest shareholder, with 11.4889 million shares, representing 2.09% of the total shares [8].