Group 1 - The company plans to issue A-shares to raise up to 600 million yuan for the construction of a wind power gearbox smart factory and to supplement working capital [1] - The fundraising will involve issuing no more than 21.715 million A-shares to no more than 35 specific investors, with a lock-up period of six months post-issuance [1] - The total investment for the smart factory project is 2 billion yuan, with 500 million yuan expected to be raised from this issuance, aiming to increase annual production capacity by 2,000 wind power gearboxes upon full operation [1] Group 2 - The company specializes in the R&D, production, and sales of wind power gearboxes and speed increasers, contributing precision transmission solutions for the renewable energy sector [2] - Once the new project is completed, it will become the only large-scale wind power gearbox R&D and production base in Western China, promoting rapid development in related industries such as intelligent manufacturing and logistics [2] - The issuance will increase the company's total share capital, and while it may dilute indicators like return on equity and earnings per share in the short term, the company's profitability is expected to improve over time as the project generates economic benefits [2]