Core Points - The company, Weishi Electronics, has received approval from the China Securities Regulatory Commission for a specific stock issuance aimed at raising up to 480 million yuan for new lightweight vehicle display components and to supplement working capital [2][4] - The company's stock price has decreased by 3.74% this week, closing at 22.4 yuan, with a market capitalization of 4.802 billion yuan, ranking 63rd in the optical and optoelectronic sector [1] - The company has experienced continuous revenue growth, but net profit and net profit excluding non-recurring gains and losses have declined [2][4] Company Announcements - The stock issuance approval is valid for 12 months, and the company must report any significant events to the Shanghai Stock Exchange during this period [2] - The company specializes in the research, production, and sales of backlight display modules and liquid crystal display modules, primarily for automotive displays and consumer electronics [2] - The company faces risks including significant performance decline, decreasing gross margins, international trade frictions, and intensified industry competition [2][4]