Foshan Golden Milky Way Intelligent Equipment Plans Private Placement to Raise Up to RMB 1.5 Billion for Sodium-Ion Battery and Other High-End Smart Equipment Industrialization Projects

Stock News09-27

Foshan Golden Milky Way Intelligent Equipment Co.,Ltd. (300619.SZ) has disclosed its 2026 plan for a targeted issuance of A-shares to specific investors, with total fundraising not exceeding RMB 1.5 billion (inclusive).

After deducting issuance expenses, the proceeds are intended for the following projects: a high-end smart equipment industrialization project for sodium-ion batteries, consumer lithium batteries, solid-liquid batteries, and new-type energy storage batteries.

Additional projects include a research and development and construction project for high-end smart equipment for dry-process electrodes and solid-state batteries, a silicon-based materials and polymer materials construction project (Phase I), a research and development and construction project for high-end smart equipment involving silicone supercritical physical foaming and metal rubidium-cesium vacuum thermal reduction, and supplementary working capital.

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