Ningbo Zhenyu Technology Co.Ltd(300953) disclose the stock issuance plan to specific objects. The object of this issuance is Jiang Zhenlin, the controlling shareholder and actual controller of the company, and Ningbo Zhenyu new energy Co., Ltd., which is controlled by the company. The issuance price is 82.63 yuan / share, and the total amount of raised funds does not exceed 800 million yuan. After deducting the issuance expenses, it will be used to supplement working capital and repay bank loans.