Asahi Electronics: Plans to raise funds of no more than 1 billion yuan for projects such as the expansion of high-voltage vacuum interrupters.

Asahi Electronics announced that the company plans to issue A shares to specific objects in 2026, with the total amount of funds not exceeding 1 billion RMB. After deducting the issuance expenses, all funds will be used for the high-voltage vacuum interrupter capacity expansion project, plasma heating high-power emission tubes, gyrotrons, transient energy management switch research and industrialization projects, and supplementary working capital projects. The number of shares issued to specific objects in this issuance will be determined by dividing the total funds raised by the issuance price, and will not exceed 30% of the company's total share capital before this issuance, which is not more than 249 million shares. The final issuance price will be determined by the company's board of directors after obtaining authorization from the shareholders' meeting, submitting the issuance application to the Shanghai Stock Exchange for approval and obtaining registration approval from the China Securities Regulatory Commission. The price will be determined through negotiation with the lead underwriter based on the bidding results and in accordance with relevant laws, regulations, departmental rules and normative documents, but not lower than the aforementioned minimum issuance price.