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On June 29, Tongyi Co.
, Ltd.
(300538.
SZ) announced that the company intends to issue stocks to specific objects to raise funds of no more than 682.
3989 million yuan (including this amount), and the net amount after deducting the issuance expenses will be used for the following projects: special Engineering plastic extrusion molding project, special engineering plastic modification and precision injection molding project, middle and high-end engineering plastics R&D center construction project and supplementary working capital project
.
Tongyi shares said that through the implementation of the "special engineering plastic extrusion molding project" and the "special engineering plastic modification and precision injection molding project", the company will have independent research and development, production and sales of special engineering plastics, special engineering plastic sheets and bars and zero.
The ability of components and other products can not only meet customers' needs for special engineering plastic sheets and bars in automation equipment parts, drones and unmanned vehicle parts, high-speed rail and rail transit parts, and 5G equipment parts, but also meet customers' demand for spray-free , environmental protection, lightweight and other special engineering plastics and their parts needs
.
Therefore, the company will extend and improve the company's industrial chain, further enrich the company's product line, provide customers with more products and solutions, and enhance customer stickiness through the implementation of the above-mentioned fundraising investment projects
.
The company further clarifies the technology development strategy, improves the research and development mechanism, expands the site space, enriches the research and development equipment, introduces high-end technical talents, continuously enriches the product application scheme, and enhances the company's existing technology application development through the implementation of the "high-end engineering plastics research and development center construction project".
and service level
.
At the same time, build a remote injection molding control center, with lightweight, spray-free, special functional materials as the core, build a shared service platform open to the entire industry chain, and undertake upstream material factories, downstream injection molding factories, brand terminals, equipment factories, and mold factories.
We will provide services from 0 to 1 and promote the development of the injection molding industry
.
The availability of the company's funds raised this time will enhance the company's financial strength and provide long-term financial support for the company's business development.
Some of the raised funds will be used to supplement working capital, which can relieve the company's financial pressure and meet the company's business expansion needs
.
