Yiyuan Communications announced that the company plans to change the original fund-raising project “Vehicle and 5G Module Production Expansion Project” to a “5G Module Production Expansion Project” and an “Advanced Packaging Manufacturing Project.” As of August 31, 2026, the original “Vehicle and 5G Module Production Expansion Project” raised capital of 925 million yuan, and 288 million yuan has already been used. The project progress is 31.15%. This change is due to a slowdown in demand in the global passenger car market. In order to improve the efficiency of the use of funds raised, the assets already formed in the original project will continue to operate. Among the new projects, the 5G module production expansion project plans to invest 539 million yuan, and it is proposed to use the raised capital of 519 million yuan, and the construction period is 18 months; the advanced packaging manufacturing project is an additional investment. This change is yet to be reviewed by the company's first extraordinary shareholders' meeting in 2026. In addition, the current shareholders' meeting of the company will also review a bill to change the registered capital, registered address, and amend the “Articles of Association”. As of September 30, 2026, the total share capital of the company will increase to 406 million shares, and the registered capital will increase to 406 million yuan. The proposed change of registered address is 1st floor, 101, Lane 288, Henggang Road, Sijing Town, Songjiang District, Shanghai.

Zhitongcaijing · 2d ago
Yiyuan Communications announced that the company plans to change the original fund-raising project “Vehicle and 5G Module Production Expansion Project” to a “5G Module Production Expansion Project” and an “Advanced Packaging Manufacturing Project.” As of August 31, 2026, the original “Vehicle and 5G Module Production Expansion Project” raised capital of 925 million yuan, and 288 million yuan has already been used. The project progress is 31.15%. This change is due to a slowdown in demand in the global passenger car market. In order to improve the efficiency of the use of funds raised, the assets already formed in the original project will continue to operate. Among the new projects, the 5G module production expansion project plans to invest 539 million yuan, and it is proposed to use the raised capital of 519 million yuan, and the construction period is 18 months; the advanced packaging manufacturing project is an additional investment. This change is yet to be reviewed by the company's first extraordinary shareholders' meeting in 2026. In addition, the current shareholders' meeting of the company will also review a bill to change the registered capital, registered address, and amend the “Articles of Association”. As of September 30, 2026, the total share capital of the company will increase to 406 million shares, and the registered capital will increase to 406 million yuan. The proposed change of registered address is 1st floor, 101, Lane 288, Henggang Road, Sijing Town, Songjiang District, Shanghai.