According to the Zhitong Finance APP, Jason Furniture (603816.SH) has announced a plan to issue A-shares to specific targets for the year 2025. The target of this issuance is Yingfeng Group, which will subscribe to all the shares issued to specific targets in cash using its own funds or legally raised funds. Yingfeng Group has signed a conditional share subscription agreement with the company. The number of shares to be issued this time will not exceed 104,281,493 shares (inclusive), and will not exceed 30% of the company's total share capital before the issuance. The total amount of funds raised from this issuance to specific targets will not exceed 1.997 billion yuan, and after deducting issuance costs, all funds are intended to be used for the company's investment in the intelligent transformation project of home product production lines, the expansion project of functional iron frame production lines, the R&D project of smart home products, the AI and retail digital transformation project, the digital enhancement project of brand building, and to supplement working capital