SHEN YU(SZ:300563) Zhong Guo Jing Ji Wang·2025-03-28 08:22Group 1 - Company Shenyu Co., Ltd. plans to issue convertible bonds to unspecified investors, aiming to raise up to RMB 50 million for smart data line construction projects [1][3] - The total investment for the smart data line construction project is RMB 50.426 billion, with the entire amount raised from the bond issuance allocated to this project [3][4] - The convertible bonds will be issued at par value, with a face value of RMB 100 each and a maturity of six years from the issuance date [3][4] Group 2 - The bondholders will have the option to convert their bonds into A-shares starting six months after the issuance, with conversion rights allowing them to become shareholders [4] - The issuance will prioritize existing shareholders, who can choose to waive their preemptive rights, with the remaining bonds offered to institutional investors [4][8] - The company reported a revenue of RMB 877.1 million for 2024, a year-on-year increase of 16.17%, and a net profit attributable to shareholders of RMB 79.54 million, up 57.67% [5][6] Group 3 - The net cash flow from operating activities for the company reached RMB 94.29 million, a significant increase compared to the previous year's negative cash flow [6] - The company’s total assets as of the end of 2024 were RMB 1.314 billion, reflecting a 2.33% increase from the previous year [6] - The actual controllers of the company plan to reduce their shareholdings by up to 1.75 million shares, which is 0.99% of the total share capital, without affecting the company's control [7]