Youli Intelligent plans to use an additional 9.8029 million yuan of oversubscribed funds to increase investment in the core components of photovoltaic support structures project.

MaticHoleFiller · 2026-04-06T16:15:10+00:00

Jiangsu Youli Intelligent plans to use oversubscribed funds of 9.8029 million yuan to invest in the "Suzhou Photovoltaic Support Core Components Production and R&D Base Construction Project" to expand capacity and enhance R&D capabilities. The total investment in the project is 205.7763 million yuan, with an expected annual new operating revenue of 610 million yuan, and a payback period of 6.77 years.

MaticHoleFiller

2026-04-06 16:15:10

Abstract generation in progress

【Financial News】Jiangsu Youli Intelligent Equipment Co., Ltd. (Stock Code: 920007, Stock Short Name: Youli Intelligent) released an announcement on April 1, 2026, stating that it plans to use all oversubscribed funds of RMB 9.8029 million to invest in the “Suzhou Photovoltaic Bracket Core Component Production and R&D Base Construction Project.” This initiative aims to further expand the company’s production capacity in the core component field of photovoltaic brackets and enhance its technical R&D capability, in order to meet rapidly growing market demand.

The announcement shows that in the public offering conducted in August 2025 to qualified investors other than specific qualified investors, the company raised net proceeds of RMB 279.7044 million in total, including RMB 9.8029 million of oversubscribed funds. As of March 20, 2026, the company’s overall use progress of the raised funds was 28.64%, of which the oversubscribed funds have not yet begun to be投入.

Use of Raised Funds (as of March 20, 2026)

No.
Use of Raised Funds
Implementation Entity
Total Planned Investment Amount (yuan)
Cumulative Amount Invested (yuan)
Investment Progress (%)
—
1
Broadwell Photovoltaic Bracket Core Component Production Base Construction Project
Anhui Yintian Intelligent Equipment Co., Ltd.
8,550.08
400.00
4.68
2
Suzhou Photovoltaic Bracket Core Component Production and R&D Base Construction Project
Youli Intelligent
8,550.07
0
0
3
Intelligent Upgrading and Expansion Project
Youli Intelligent
2,890.00
760.32
26.31
4
Supplemental Working Capital
Youli Intelligent
7,000.00
6,570.02
93.86
Total

|
| 26,990.15 | 7,730.34 | 28.64 |

Flow of Oversubscribed Funds (as of March 20, 2026)

No.
Use of Oversubscribed Funds
Implementation Entity
Planned Investment Amount (10,000 yuan)
Actual Investment Amount (10,000 yuan)
Investment Progress (%)
—
1
Suzhou Photovoltaic Bracket Core Component Production and R&D Base Construction Project
Youli Intelligent
980.29
0
0
Total

|
| 980.29 | 0 | 0 |

According to the information disclosed in the announcement, the total investment amount of the Suzhou Photovoltaic Bracket Core Component Production and R&D Base Construction Project is RMB 205.78M, and the construction period is 2 years. After completion, the project will form production capacity for 2.5 million units per year of photovoltaic bracket bearing assemblies (BHA), 10 million units of photovoltaic module mounting structural components (URA), and 6 million units of purlins (RAIL).

An analysis of the project’s economic benefits indicates that upon reaching full capacity, it is expected to add annual operating revenue of RMB 610.0000 million, and add total profit of RMB 93.8860 million. The project’s financial internal rate of return (after income tax) is 20.60%, and the project’s investment payback period after income tax is 6.77 years (including the 2-year construction period).

Youli Intelligent stated that in the field of core components for photovoltaic brackets, the company has deep technical accumulation. As of October 31, 2025, it has obtained 63 patents, including 11 invention patents. At the same time, the company has entered the supply chain systems of internationally well-known enterprises such as Nextpower, Gonvarri Industries, and Optimum Tracker, providing stable customer resources to support project implementation.

The proposed use plan for these oversubscribed funds has been reviewed and approved by the company’s 28th meeting of the First Board of Directors, the 11th meeting of the Audit Committee of the First Board of Directors, and the 5th special meeting of the First Board’s independent directors. It is still required to be submitted for deliberation at the company’s 2nd Extraordinary General Meeting of Shareholders in 2026. The sponsoring institution, Huatai United Securities, has no objection to this proposed use of oversubscribed funds, and believes that the matter complies with the relevant laws and regulations, does not involve any disguised change to the direction of the raised funds, and is consistent with the interests of the company and all shareholders.

As of March 20, 2026, the total balance in Youli Intelligent’s special accounts for raised funds was RMB 203,307,469.10, providing sufficient funding assurance for the smooth implementation of the projects.

Click to view the full text of the announcement>>

Disclaimer: The market involves risk; investment requires caution. This article is automatically published by an AI large model based on third-party databases and does not represent Sina Finance’s viewpoints. Any information appearing in this article is only for reference and does not constitute personal investment advice. If there is any discrepancy, please refer to the actual announcement. If you have any questions, please contact biz@staff.sina.com.cn.

A wealth of information and precise interpretation—available on the Sina Finance APP

责任编辑：小浪快报

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.