YATAI(SZ:000691) Zhong Guo Jing Ji Wang·2025-01-23 03:28Core Viewpoint - Asia Pacific Industry (000691.SZ) has announced the termination of its plan to issue shares to specific investors and has withdrawn its application due to current market conditions and after thorough communication and analysis with relevant parties [1][2] Group 1: Termination of Share Issuance - The company held a board meeting on January 21, 2025, where it approved the resolution to terminate the issuance of A-shares to specific investors and to withdraw the related application documents [1] - The total amount expected to be raised from the issuance was approximately 320.67 million yuan, which was intended for debt repayment and to supplement the company's working capital [1][2] Group 2: Shareholder Structure and Control - The shares were to be subscribed by Guangzhou Wanshun, which already held 16.94% of the voting rights in the company, thus constituting a related party transaction [3] - Following the issuance, Guangzhou Wanshun would become the controlling shareholder, but the actual control by Chen Zhijian and Chen Shaofeng would remain unchanged at 36.09% of voting rights, ensuring no adverse impact on investor rights [4] Group 3: Financial Forecast - The company has projected a net loss for the year 2024, estimating losses between 100.17 million yuan and 138.14 million yuan, with adjusted net losses expected to be between 102.17 million yuan and 140.89 million yuan [5]