- The company and all members of the board guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.
Securities Code: 300207
Securities Abbreviation: Sunwoda
Announcement Number: <Sun>2026-040
Announcement on the Capital Increase and Share Expansion of Subsidiary Sunwoda Power Technology Co., Ltd.
Special Risk Warning: Sunwoda Electronics Co., Ltd. (hereinafter referred to as "Sunwoda" or "the Company") plans to conduct a capital increase and share expansion (hereinafter referred to as "Round C Capital Increase" or "this Capital Increase") for its subsidiary, Sunwoda Power Technology Co., Ltd. (hereinafter referred to as "Sunwoda Power" or "the Subsidiary"). This will involve introducing 13 investment firms, including Gongrong Jintou No. 2 (Beijing) Emerging Industry Equity Investment Fund Partnership (Limited Partnership) (hereinafter referred to as "Gongrong Jintou"), Shenzhen Yuanzhi Gongrong Energy Storage Industry Private Equity Investment Fund Partnership (Limited Partnership) (hereinafter referred to as "Yuanzhi Gongrong"), Agricultural Bank Financial Asset Investment Co., Ltd. (hereinafter referred to as "Agricultural Bank Investment"), China Post Financial Asset Investment Co., Ltd. (hereinafter referred to as "China Post Investment"), Shifang Jinyan Commercial Management Co., Ltd. (hereinafter referred to as "Jinyan Management"), Deyang Investment Control Heavy Industry Equity Investment Fund Partnership (Limited Partnership) (hereinafter referred to as "Deyang Investment Control"), Sichuan Regional Collaborative Development Investment Guidance Fund Partnership (Limited Partnership) (hereinafter referred to as "Regional Collaborative Fund"), Shenzhen Zhigu Investment Co., Ltd. (hereinafter referred to as "Zhigu Investment"), Shenzhen Lianying Laser Co., Ltd. (hereinafter referred to as "Lianying Laser"), Shenzhen Yinghe Technology Co., Ltd. (hereinafter referred to as "Yinghe Technology"), Jiaxing Jixin Venture Capital Partnership (Limited Partnership) (hereinafter referred to as "Jiaxing Jixin"), Zijinghua Chemical (Shanghai) Co., Ltd. (hereinafter referred to as "Yeshihua Chemical"), and Shenzhen Luohu High-tech Investment Gathering Private Equity Investment Fund Partnership (Limited Partnership) (hereinafter referred to as "Luohu High-tech Investment").
According to the asset evaluation report numbered Dongzhou Pingbao Zi [2026] No. 1417 issued by Shanghai Dongzhou Asset Appraisal Co., Ltd. with a reference date of December 31, 2025, the total equity value of Sunwoda Power is evaluated at RMB 2,500,076,720. The total equity value before this capital increase is determined to be RMB 2,500,000,000. This valuation represents a significant decrease of approximately RMB 36.4 billion compared to the previous round, primarily due to the capital market conditions and the operational status of the subsidiary.