动力新科宣布重大调整！| 头条

Core Viewpoint - The company, Shanghai New Power Automotive Technology Co., Ltd. (referred to as "New Power"), announced a significant adjustment to the use of funds raised in 2021, terminating the "Next-Generation Intelligent Heavy Truck" project and reallocating remaining funds to enhance liquidity and develop new projects [1][11]. Fundraising Purpose Adjustment History - New Power raised a net amount of 19.809788 billion yuan in October 2021, initially planned for the "Smart Factory" and "Next-Generation Intelligent Heavy Truck" projects. This marks the third major adjustment to the fundraising purpose after two previous changes in 2022 and 2024 [4][5]. Specific Adjustments - The board approved three core adjustments: - Termination of the "Next-Generation Intelligent Heavy Truck" project, which was allocated 9.497766 billion yuan, with only 1326.27 million yuan utilized by June 2025. The remaining 37.51522 million yuan will be permanently allocated to enhance liquidity [7]. - The conclusion of three diesel engine projects, resulting in surplus funds of 16.72357 million yuan, with 7.71802 million yuan directed towards the development of the "20VK Power Station Product Development Project" [8]. - The remaining 9.00555 million yuan will be used to supplement the company's liquidity for daily operations [10]. New Project Development - The "20VK Power Station Product Development Project" will focus on high-power power generation units, with a total investment of 7.71802 million yuan, a construction period of 45 months, and an expected completion date in August 2029. The project aims to fill a market gap for 3000 kW power generation units [9][11]. Background and Market Impact - The adjustments are driven by the restructuring of the subsidiary, SAIC Hongyan, which will no longer be included in the consolidated scope, and a strategic shift towards the high-power engine sector. The new project aligns with market demands for data centers and new infrastructure [11]. As of June 30, 2025, 10.67 billion yuan of the raised funds had been utilized, accounting for 53.86% of the total [11]. The company's stock price has decreased by 18.7% over the past six months, with a current market value of 4.53 billion yuan [11].