[Silin Intelligent Drive: Plans to Raise No More Than 1.8 Billion Yuan Through a Private Placement for the Construction of Intelligent Manufacturing Production Sites for Automotive Parts and Robot Parts]
Siling Zhiqu announced that the company released a plan for a 2026 private placement of shares to specific investors. It intends to issue shares to no more than 35 specific investors, raising total proceeds of no more than 1.8 billion yuan (inclusive). After deducting issuance expenses, the proceeds are intended to be invested in the construction project of an intelligent manufacturing production site for automotive parts and robot parts (1.5 billion yuan) and a working capital replenishment project (300 million yuan). This issuance is still subject to approval by the shareholders’ meeting, review and approval by the Shenzhen Stock Exchange, and registration consent by the China Securities Regulatory Commission.