On September 6th, Huizhou Desay SV Automotive (002920.SZ) announced its plan to issue A shares to specific entities in 2024. The number of shares to be issued to specific entities will be determined by dividing the total amount of funds raised by the issue price, and will not exceed 30% of the company's total share capital before this issue, which is 166,501,830 shares (including this number).
The total amount of funds raised from the issuance of shares to specific entities this time will not exceed 4.5 billion yuan (including this number). After deducting the related issuance expenses, 1.8 billion yuan will be used for the construction of the Huizhou Desay SV Automotive Electronic Central and Western China Base Project (Phase I), 1.98 billion yuan will be used for the production of smart automotive electronic systems and components project, and 0.72 billion yuan will be used for the development of the intelligent computing center and cockpit integration platform project, etc.