002975SZSE

Feasibility Analysis Report on the Use of Funds Raised from the 2026 A-Share Issuance by Zhuhai Bojay Electronics Co., Ltd.

Zhuhai Bojay Electronics Co., Ltd.··14 pages

✨ AI Summary

This report outlines the feasibility of raising up to 1.503 billion RMB through a targeted A-share issuance to enhance capital strength and profitability. Key projects include server testing equipment and advanced R&D center construction, with a total investment of approximately 978 million RMB. The expected internal rate of return is 12.10%, with a payback period of 8.4 years, supporting the company's sustainable growth.

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Full Translation

AI Translation· azure_openai

1. Overview of the Fundraising Plan

Zhuhai Bojay Electronics Co., Ltd. (hereinafter referred to as "the Company" or "Bojay") plans to raise a total of no more than 1,503.0114 million RMB through a targeted issuance of A-shares. After deducting issuance costs, the net proceeds are intended for the following uses:

Project NameProject Investment Amount (10,000 RMB)Amount to be Invested from Raised Funds (10,000 RMB)
Server Testing Equipment and Cooling Module Capacity Construction Project978,445.9884,234.2
Advanced R&D Center and Platform Construction Project177,216.1168,777.3
Supplementing Working Capital450,000.0450,000.0
Total1,605,662.01,503,011.4

Before the funds are in place, the Company will initially invest using self-raised funds based on the actual situation of the investment projects and will replace these with the raised funds in accordance with relevant laws and regulations once they are available. If the actual net proceeds after deducting issuance costs are less than the intended investment amount, the Company will adjust and decide on the specific investment projects, priorities, and amounts based on the actual raised funds, with any shortfall to be covered by self-raised funds.

2. Basic Situation of the Fundraising Investment Projects

(1) Server Testing Equipment and Cooling Module Capacity Construction Project

  1. Project Overview This project aims to upgrade and transform the existing production facilities and supporting infrastructure, purchase advanced production equipment and high-precision testing equipment in the thermal management field, and comprehensively enhance the capacity for large-scale production, standardized delivery, and core product supply of server testing equipment and cooling components.

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