Group 1 - The stock price of Kangping Technology closed at 38.16 yuan on August 18, 2025, down by 0.84 yuan, a decrease of 2.15% from the previous trading day [1] - The trading volume on that day was 98,344 hands, with a transaction amount of 373 million yuan [1] - Kangping Technology's main business includes the research, development, production, and sales of motors and related products, which are widely used in home appliances, power tools, and automotive electronics [1] Group 2 - On the evening of August 18, Kangping Technology announced that its board of directors approved a proposal to sign a share acquisition intention agreement [1] - The company plans to acquire a controlling stake in Suzhou Lingchen Collection Computer Co., Ltd. through cash [1] - The target company specializes in intelligent control systems and related components, with main products including motion control products and precision transmission products for various intelligent equipment [1] Group 3 - On August 18, the net inflow of main funds for Kangping Technology was 18.72 million yuan, with a cumulative net inflow of 79.28 million yuan over the past five trading days [1]

Core Viewpoint - The company plans to raise up to 730 million yuan through a private placement of shares in 2025, with the funds allocated for various projects related to intelligent manufacturing in the new energy vehicle sector and working capital supplementation [1] Group 1: Fundraising Details - The company intends to issue shares to no more than 35 specific investors, including securities investment fund management companies, securities firms, and trust companies [1] - The actual controllers, Wang Youli and Huang Weihong, along with the controlling shareholder, Fengli Transmission, plan to subscribe for shares with a total cash investment of no less than 70 million yuan and no more than 140 million yuan [1] - Wang Youli and Huang Weihong will subscribe for the same number of shares and amount in this issuance [1] Group 2: Project Allocation - The raised funds will be fully utilized for the following projects: - Intelligent manufacturing project for precision power gears in new energy vehicles - New generation precision transmission manufacturing project - Construction of a precision transmission research and development center [1] - The funds will also be used to supplement the company's working capital [1]