Suzhou Shijia Science & Technology Co., Ltd. (hereinafter referred to as the "Company") is a main board listed company on the Shenzhen Stock Exchange. To meet the capital needs of the Company's business development and enhance its capital strength and profitability, in accordance with the "Company Law of the People's Republic of China" (hereinafter referred to as the "Company Law"), the "Securities Law of the People's Republic of China" (hereinafter referred to as the "Securities Law"), the "Administrative Measures for Issuance Registration of Listed Companies" (hereinafter referred to as the "Registration Measures") and other relevant laws, administrative regulations, departmental rules or normative documents, and the "Articles of Association of Suzhou Shijia Science & Technology Co., Ltd." (hereinafter referred to as the "Articles of Association"), the Company has compiled the "Analysis Report on the Feasibility Study of Suzhou Shijia Science & Technology Co., Ltd.'s 2026 Issuance of A Shares to Specific Objects" (hereinafter referred to as the "Feasibility Study Report").
Unless otherwise specified in this Feasibility Study Report, the terms used herein shall have the same meaning as in the "Pre-plan for Suzhou Shijia Science & Technology Co., Ltd.'s 2026 Issuance of A Shares to Specific Objects".
I. Background and Objectives of the Proposed Issuance of Shares to Specific Objects
(I) Background of the Proposed Issuance of Shares to Specific Objects
- Energy transition drives growth in demand for new energy electrical equipment, and charging and distribution facilities are entering a fast lane.
Currently, the global energy structure is accelerating its transition towards low-carbon and clean energy, with the installed capacity of renewable energy continuously expanding rapidly. China has built the world's largest clean energy power generation system, and the proportion of renewable energy generation is steadily increasing. According to data from the National Energy Administration, China's new installed capacity of renewable energy power generation in 2025 will be 452 million kilowatts, a year-on-year increase of 21%, accounting for 83% of the country's new power generation installed capacity. Among them, hydropower will increase by 12.15 million kilowatts, wind power by 120 million kilowatts, solar power by 318 million kilowatts, and biomass power by 1.51 million kilowatts.
In terms of renewable energy generation, nearly 4 out of every 10 kilowatt-hours of electricity consumed by society are green electricity, and all the incremental electricity consumption of society is provided by new renewable energy generation. By 2025, China's renewable energy generation will reach 3.99 trillion kilowatt-hours, a year-on-year increase of 15%, accounting for about 38% of the total electricity generation. With the large-scale grid connection of new energy and the popularization of electric vehicles, the market demand for supporting new energy electrical equipment is expanding synchronously. Charging infrastructure, high-voltage control cabinets, simulators, and other electrical equipment are becoming key equipment to ensure the safe and stable operation of the power system.