According to the Zhitong Finance App, Welgo (301251.SZ) announced a plan to issue A-shares to specific targets in 2026. The total amount of capital raised after deducting related issuance fees is not more than 1.3 billion yuan (inclusive). The net capital raised after deducting the relevant issuance fees is to be used for a high-end AI PCB intelligent manufacturing project with an annual output of 1.44 million square meters in Jiangxi, a high-multi-layer printed circuit board intelligent manufacturing project with an annual output of 1.2 million square meters, and additional working capital and bank loan repayment.

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