Zhejiang JFE KAI DA Wheel Co., Ltd. (hereinafter referred to as "JFE KAI DA" or "the Company") is a company listed on the Main Board of the Shenzhen Stock Exchange. To meet the Company's capital needs for business development, expand its scale of operations, and further enhance its core competitiveness, the Company, considering its actual situation, and 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 the Registration of Issuance of Securities by Listed Companies" (hereinafter referred to as the "Registration Measures") and other relevant laws, regulations, and normative documents, plans to issue shares to specific targets through a simplified procedure to raise no more than RMB 29,500.00 million (including principal) for the "Annual Production of 600,000 Forged Aluminum Alloy Wheel Production Line Intelligent Manufacturing Project" and "Repayment of Bank Loans."
(Unless otherwise specified in this analysis report, terms used herein have the same meaning as in the "2026 Simplified Procedure Private Placement Stock Issuance Plan of Zhejiang JFE KAI DA Wheel Co., Ltd.")