Motorcomm Electronic Technology Co. Ltd. ACompany reduces fundraising cap and removes working capital project, focusing on core R&D projects, which may improve capital efficiency and reduce dilution.

Yutai Micro has adjusted its 2026 plan to issue A-shares to specific targets, lowering the total fundraising cap from 1.361 billion yuan to 1.061 billion yuan and directly removing the 300 million yuan supplementary working capital project originally planned. The proposed investment amounts for the two major R&D industrialization projects — the data center high-speed interconnect communication solution R&D and the automotive high-speed communication chip R&D industrialization — remain unchanged, totaling 1.061 billion yuan. This adjustment was completed within the authorization scope of the 2025 annual general meeting, with no material changes to other terms. The private placement still requires review by the Shanghai Stock Exchange and registration approval from the China Securities Regulatory Commission before implementation.
Motorcomm Electronic Technology Co. Ltd. ACompany reduces fundraising cap and removes working capital project, focusing on core R&D projects, which may improve capital efficiency and reduce dilution.