According to the announcement of Shenneng Co., Ltd., with the approval of the Securities Regulatory Commission, the company issued 20 million convertible corporate bonds to unspecified targets, raising a total of 2 billion yuan in capital. After deducting issuance fees, the actual net amount of capital raised was 1,991 billion yuan. As of July 30, 2026, the funds raised have been transferred to the designated account. The company and its subsidiaries signed tripartite and quadripartite “Supervisory Agreements” with the sponsor agency and China Merchants Bank Shanghai Branch, and set up a special fund raising account, of which the company's account deposit amount was 1,992 billion yuan to supplement working capital.

According to the announcement of Shenneng Co., Ltd., with the approval of the Securities Regulatory Commission, the company issued 20 million convertible corporate bonds to unspecified targets, raising a total of 2 billion yuan in capital. After deducting issuance fees, the actual net amount of capital raised was 1,991 billion yuan. As of July 30, 2026, the funds raised have been transferred to the designated account. The company and its subsidiaries signed tripartite and quadripartite “Supervisory Agreements” with the sponsor agency and China Merchants Bank Shanghai Branch, and set up a special fund raising account, of which the company's account deposit amount was 1,992 billion yuan to supplement working capital.