Shengyi Electronics: Intends to raise a maximum of 2.53 billion yuan through a private placement, to be used for projects such as the construction of an artificial intelligence computing HDI production base.

Shengyi Electronics Announcement: The total amount of funds raised by the company from the issuance of stocks to specific targets this time shall not exceed RMB 2,529.5 million. After deducting the issuance expenses, the net proceeds from the fundraising are intended to be invested in the construction project of the artificial intelligence computing HDI production base, the intelligent manufacturing high multi-layer computing power circuit board project, supplementary working capital, and repayment of bank loans. Within the scope of the fundraising investment projects mentioned above, the company may make appropriate adjustments to the order and specific amount of investment in the corresponding fundraising investment projects based on the progress and funding needs of the projects. Before the funds are raised, the company may invest in the projects with its own or self-raised funds based on the actual situation of the fundraising investment projects, and then replace them with the raised funds when they are available.