Liancheng CNC disclosed the 1.36 billion yuan fixed increase plan, and planned to increase the single crystal furnace expansion project, etc.

Liancheng CNC (835368.bj) of the Bei Stock Exchange recently disclosed the issuance of shares (draft) issued by the shares (draft) to specific objects in 2022.

The total amount of funds raised by the company this time does not exceed RMB 1.36 billion (inclusive). After deducting the issuance costs, it is intended to be used for the following items: single crystal furnace expanded projects, photovoltaic battery pieces and photovoltaic component equipment projects, and third -generation semiconductor conductivity Materials silicon carbide substrate processing equipment production project, electronic silver powder expansion project and supplementary mobile funds.

The objects of this issuance are not more than 35 (including), securities investment fund management companies, securities companies, trust investment companies, financial companies, asset management companies, insurance institutions investors, qualified foreign institutional investors (QFII) , Other domestic legal investors, natural persons or other qualified investors. Securities Investment Fund Management Corporation, Securities Company, Qualified Foreign Institution Investors, and RMB qualified foreign institutional investors are purchased as a distribution object with two or more products they managed; There are funds to subscribe.

The number of shares issued to specific objects this time is determined by the total amount of the raised funds and no more than 39 million shares (inclusive). Exceeding 30.00%of the total share capital of the company before the issuance, the final issue of the issuance will be based on the issue of the issuance objects, and the company's board of directors will be determined by the sponsorship agency (main underwriter) issued by the company's board of directors (main underwriters).

For the purpose of issuing stocks to specific objects, Liancheng CNC explanation is as follows:

1. Expand the production capacity of the existing crystal silicon equipment, increase the investment in battery films and component manufacturing equipment in the photovoltaic industry chain, and enhance the company's overall revenue scale and profitability;

2. In -depth layout of the core auxiliary materials industry of the photovoltaic, reduce the impact of the periodic fluctuations of downstream capacity on the company's performance, and realize the transformation from photovoltaic and semiconductor equipment suppliers to comprehensive service providers;

3. Grasp the new opportunities for the development of the third -generation semiconductor industry and increase the sales scale of semiconductor equipment;

4. Provide mobile fund support for the rapid development of the company's business.

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