Shenzhen Kexin (SZ:300565) 鑫椤锂电·2025-08-08 01:52Core Viewpoint - The company has decided to change the use of unutilized fundraising of 366 million yuan from the "Energy Storage Lithium Battery System R&D and Industrialization Project" to the "Green Low-Carbon Technology Transformation Project for Data Centers," pending approval from the shareholders' meeting [1][4]. Group 1: Project Details - The original plan for the "Energy Storage Lithium Battery System R&D and Industrialization Project" included purchasing production and R&D equipment to expand the production capacity of energy storage lithium batteries, aiming to enhance the company's competitiveness in the electrochemical energy storage industry [3]. - The total investment for the project is 540 million yuan, with a construction period of 24 months. The company plans to use 440 million yuan of the raised funds, with the adjusted total investment amounting to 361 million yuan [3]. - The project is expected to add 2 GWh of energy storage lithium battery cell and system assembly production lines upon completion, with the expected operational date set for January 8, 2026 [3]. Group 2: Reasons for Change - The company cited significant changes in the market environment and increased competition in the energy storage industry as reasons for the change in the original fundraising project, leading to increased investment uncertainty [4]. - The company has conducted detailed research and decided to redirect the funds to the "Green Low-Carbon Technology Transformation Project for Data Centers," which has already undergone pilot testing and market validation [4]. - The company is gradually adjusting its product strategy in the energy storage business, focusing on high-integration and high-value-added system-level energy storage products, while opting for a more cost-effective external procurement model for basic cells and modules [4].