Gelonghui May 23 丨 Xinjie Electric (603416)(603416crashracingps3.SH) Announcement of plan for issuing shares to specific targets in 2024crashracingps3, the object of this issuance is Mr. Li Xin, the actual controller of the company, and the object of the issuance subscribes for the shares issued this time in cash. The total amount of funds raised from this issuance does not exceed 500 million yuan (including the amount), and is intended to be used for the following projects after deducting issuance expenses: the second phase of enterprise technology center construction project, marketing outlets and product display center construction project, and supplementary working capital.
