Stock Code: 300835 Stock Abbreviation: Sinomag Technology
Anhui Sinomag Technology Co., Ltd.
Feasibility Analysis Report on the 2026 Plan for Issuing A-Shares to Specific Targets
(Revised Draft)
August 2026
Anhui Sinomag Technology Co., Ltd. (hereinafter referred to as "Sinomag Technology" or the "Company") intends to issue shares to specific targets to further enhance its core competitiveness, capital strength, technical level, and market position, and to promote the long-term development of the Company. In accordance with the "Company Law of the People's Republic of China," the "Securities Law of the People's Republic of China," the "Administrative Measures for the Registration of Securities Issuance by Listed Companies," and other relevant laws, regulations, and normative documents, the Company proposes to issue shares to specific targets. The total amount of funds raised shall not exceed 760.00 million RMB (inclusive). After deducting issuance expenses, the net proceeds will be used for the Vietnam Sinomag Phase II project, the chip inductor manufacturing project, and to supplement working capital and repay bank loans.
I. Background and Purpose of this Issuance of Shares to Specific Targets
(I) Background of this Issuance of Shares to Specific Targets
- National policy support for the development of the magnetic materials and electronic components industry
The magnetic materials and electronic components industry plays an extremely important role in traditional and emerging fields such as automobiles, electronic equipment, environmental protection and energy conservation, energy storage, and AI, and is an industry long encouraged and supported by China. Since the Ministry of Industry and Information Technology issued the "11th Five-Year Plan for Information Industry Science and Technology Development and the 2020 Medium and Long-term Plan" in 2006, which listed magnetic materials as a key technology in the field of electronic materials, the national level has successively introduced a number of policies to promote the standardization and high performance of the magnetic materials industry, and to strengthen the connection between the industry and upstream and downstream entities, forming a magnetic materials industrial cluster. At the same time, in recent years, the introduction of policy documents such as "Made in China 2025" and the "14th Five-Year Plan for Digital Economy Development" has also provided strong policy support and a good development environment for technological breakthroughs, industrial upgrading, and cluster development in China's electronic components industry.
Since 2011, the policies and plans issued by China for the magnetic materials and electronic components industry mainly include: