Smart Energy plans to increase 3.1 billion to expand lithium battery capacity and improve the industrial chain

One day after the temporary suspension of trading, Smart Energy released a fixed plan today, and plans to raise a total of 3.112 billion yuan with a 9.12 yuan/share increase, of which 2.514 billion yuan was used to invest in the construction of Far East Foster (48.070, -0.74, -1.52%). ) Annual production of 3G watt-hour high energy density power storage lithium battery research and development and industrialization projects, 600 million yuan to supplement working capital. After the transaction is completed, the company will expand its power and energy storage lithium battery capacity to further improve the company's industrial chain.
According to the plan, the number of non-public offerings is 345 million shares. After the completion of the issuance, the actual controller of the company is still Jiang Xipei, which will not lead to changes in the company's control.
The plan shows that the total investment of R&D and industrialization projects of 3G watt-hour high energy density power storage lithium battery in Far East Foster is 3.889 billion yuan. It is planned to build 6 full-imported power battery production lines and 3 PACK production lines. With an annual output of 130,000 sets of fully automated PACK production lines; 4 imported steel shells and 20 imported cap production lines and other supporting equipment, the annual output of 3G watt-hours of power and storage of lithium-ion batteries.
The company said that in 2015, it successfully cut into the lithium battery field through the acquisition of Far East Foster, and Far East Foster has a good performance, showing good synergy and economic benefits. Far East Foster is the leading domestic 18650 lithium battery, and its output ranks third in the world, second only to Samsung and Panasonic, which will strengthen its leading position.
In addition, the company plans to use part of the raised funds of 600 million yuan to supplement the working capital to optimize the company's capital structure, meet the company's future business development funding needs, reduce financial costs, and improve the company's profitability.
According to Smart Energy, the company intends to further improve the company's smart energy solution industry chain from planning and design, product service, construction and installation, operation and maintenance management, energy efficiency management to general contracting services through this non-public offering, while expanding the company's power and storage. Can lithium battery capacity. After the implementation of the fundraising project, the company will strengthen the layout of energy Internet links such as smart grid operation and maintenance, energy storage equipment, and distributed energy, and further consolidate the industrial chain layout of “smart energy and smart city”.

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