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*ST Shuaidian announced that the company plans to terminate the fund-raising project “Whole House High-end Construction Project” and permanently supplement the remaining capital raised by 39.787 million yuan. Since the project was implemented in August '24, the whole house customization industry has entered a downward channel. Sales of the company's related businesses have fallen short of expectations, and the need to continue investing in production capacity construction has declined. The matter has been reviewed by the board of directors and still requires approval by the shareholders' meeting. The sponsoring agency has no objection to this.
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*ST Shuaidian announced that the company plans to terminate the fund-raising project “Whole House High-end Construction Project” and permanently supplement the remaining capital raised by 39.787 million yuan. Since the project was implemented in August '24, the whole house customization industry has entered a downward channel. Sales of the company's related businesses have fallen short of expectations, and the need to continue investing in production capacity construction has declined. The matter has been reviewed by the board of directors and still requires approval by the shareholders' meeting. The sponsoring agency has no objection to this.
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