Shuanglin plans private placement for robotics, name change proposed

Ningbo Shuanglin Auto Parts (SZSE:300100) is seeking shareholder approval for a private placement of A-shares, targeting proceeds of up to CNY 150 million to fuel its strategic shift toward robotics and advanced manufacturing. The funds are earmarked for projects including roll ball screw and joint module industrialization (CNY 89.5 million), expansion of high-precision CNC grinder production (CNY 13 million), research and application of forward-looking technologies (CNY 10.5 million), and general working capital (CNY 37 million).