Core Viewpoint - Fengcai Technology (Shenzhen) Co., Ltd. plans to increase capital by RMB 20.33 million to its wholly-owned subsidiary Fengcai Technology (Shanghai) Co., Ltd. for the development and industrialization of high-performance drivers and control systems [1][3] Group 1: Fundraising Overview - The company completed its initial public offering (IPO) in 2022, raising a total of RMB 1,893.45 million, with a net amount of RMB 1,728.46 million after deducting issuance costs [2] - The raised funds have been fully received as of April 15, 2022, and are subject to a dedicated storage system with regulatory agreements in place [2] Group 2: Capital Increase Details - The capital increase of RMB 20.33 million will be fully allocated as registered capital for the subsidiary, raising its registered capital from RMB 170 million to RMB 190.33 million [3] - The company will maintain 100% ownership of Fengcai Shanghai post-capital increase, and the subsidiary will account for the project expenditures separately to enhance fund utilization efficiency [3]

格隆汇12月2日丨峰岹科技(688279.SH)公布，公司于2025年12月2日召开了第二届董事会第二十九次会 议，审议通过了《关于使用募集资金向全资子公司增资以实施募集资金投资项目的议案》，同意公司使 用募集资金向全资子公司峰岧科技（上海）有限公司（以下简称"峰岧上海"）增资人民币2,033.00万元 专项用于实施募集资金投资项目"高性能驱动器及控制系统的研发及产业化项目"。 ...

Core Viewpoint - The company has approved a capital increase of RMB 20.33 million to its wholly-owned subsidiary for the development and industrialization of high-performance drive and control systems [1] Group 1 - The second meeting of the company's second board session was held on December 2, 2025 [1] - The board approved the proposal to use raised funds for the capital increase [1] - The capital increase is specifically allocated for the research and development of high-performance drive and control systems [1]

Core Viewpoint - The company has approved a capital increase for its wholly-owned subsidiary to fund a research and development project for high-performance drivers and control systems [1] Group 1 - The company will hold its 29th meeting of the second board on December 2, 2025, to review the proposal for using raised funds [1] - The company plans to increase its investment in Peak Xi Technology (Shanghai) Co., Ltd. by RMB 20.33 million, specifically for the R&D and industrialization of high-performance driver and control system projects [1] - Following the capital increase, the registered capital of Peak Xi Shanghai will rise from RMB 170 million to RMB 190 million [1]