Gelonghui, December 23, 丨 Ping An Electric (001359.SZ) announced that as of September 30, 2024, the “Ping An Electric Wuhan Production Base Construction Project” (hereinafter referred to as the “Wuhan Production Base Project”) and the “Hubei Ping'an Electrical Technology Co., Ltd. Tongcheng Production Base Construction Project” (hereinafter referred to as the “Tongcheng Production Base Project”) had raised capital and interest of 426.7535 million yuan (the specific amount is based on the balance of the fund raised at the time of actual carry-over), a total reduction of 50.169 million yuan in construction” “Production base intelligent upgrading and transformation project”. The total amount of capital raised to be repurposed this time is RMB 50.169 million.

The dates on which the “Wuhan Production Base Project”, “Tongcheng Production Base Project” and the “New Material R&D Center Project” reached the scheduled state of use were extended from “March 2026” to “December 2026”.