Bangyan Technology (SH:688132) Zhong Guo Jing Ji Wang·2025-02-17 03:02Core Viewpoint - The company, Bangyan Technology, announced a share reduction plan by its shareholders due to funding needs, involving a total reduction of up to 1,520,000 shares, which represents 1.00% of the company's total share capital [1] Group 1: Shareholder Reduction Plan - Shareholder Nantong Shanfu Equity Investment Partnership plans to reduce up to 380,000 shares, or 0.25% of total share capital [1] - Shareholder Shenzhen Futian District Shanchuang SME Equity Investment Fund plans to reduce up to 1,140,000 shares, or 0.75% of total share capital [1] - The reductions will occur within three months after 15 trading days from the announcement date [1] Group 2: Company Financials - Bangyan Technology was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on September 23, 2022, with an initial public offering of 38.056301 million shares at a price of 28.88 yuan per share [2] - The total amount raised from the IPO was 1.099 billion yuan, with a net amount of approximately 974.22 million yuan after deducting issuance costs [3] - The actual net fundraising exceeded the original plan by 172 million yuan, with the funds intended for various technology upgrade projects [4] Group 3: Performance Forecast - For the fiscal year 2024, the company expects revenue between 330 million yuan and 380 million yuan, an increase of 149.31 million yuan to 199.31 million yuan compared to the previous year [6] - The projected net loss for 2024 is estimated to be between 38 million yuan and 28 million yuan, a reduction in losses compared to the previous year [6] - In 2023, the company reported a revenue of 180.69 million yuan and a net loss of 52.25 million yuan [6]