Core Viewpoint - Fute Technology has received approval from the Shenzhen Stock Exchange for its application to issue shares to specific investors, pending final registration approval from the China Securities Regulatory Commission (CSRC) [1] Group 1: Issuance Details - The company plans to raise a total of up to 528.22 million yuan through the issuance of A-shares, which will be allocated to various projects including the intelligent manufacturing of core components for new energy vehicles and the development of new vehicle-mounted power supply products [1][2] - The total investment for the projects funded by this issuance includes 234.25 million yuan for the intelligent manufacturing project, 159.60 million yuan for the second base of vehicle-mounted power supply production, and 36.42 million yuan for the new generation vehicle-mounted power supply product development [2] - The shares will be issued at a price not lower than 80% of the average trading price over the 20 trading days prior to the pricing benchmark date [2] Group 2: Shareholder Impact - The number of shares to be issued will not exceed 30% of the company's total share capital prior to the issuance, which is currently 155,420,399 shares, translating to a maximum of 46,626,119 shares [3] - Post-issuance, the total share capital will increase to 202,046,518 shares, but the actual controlling shareholder, Li Ningchuan, will maintain a significant influence with a reduced ownership percentage of 19.60% [4][5] - The issuance will not change the actual control of the company, ensuring compliance with listing conditions [5]