KeLu Electronics (002121.SZ) plans to raise no more than 2.5 billion yuan through a private placement, with the controlling shareholder subscribing for the full amount.

Zhtng Cijng APP News, Kelu Electronics (002121.SZ) has announced its plan to issue A shares to specific targets in 2026. The specific target for this issuance is Midea Group Co., Ltd. The subscription for this issuance by the specific target will be in cash. The total amount of funds raised from this issuance to specific targets will not exceed RMB 2.5 billion yuan (including this amount), and after deducting issuance costs, all funds will be used to repay interest-bearing debts and supplement working capital.