Core Viewpoint - The company, He Sheng Co., Ltd., has received approval from the Shenzhen Stock Exchange for its application to issue shares to specific investors, pending final approval from the China Securities Regulatory Commission (CSRC) [1] Summary by Sections Issuance Approval - He Sheng Co., Ltd. announced that it received a notice from the Shenzhen Stock Exchange on April 1, 2025, indicating that its application for a specific share issuance has passed the review [1] - The company must still obtain approval from the CSRC before proceeding with the issuance, and the timeline for this approval remains uncertain [1] Fundraising Details - The company plans to raise a total of up to 68 million yuan (approximately 10.5 million USD) through this issuance, which will be allocated to various projects including: - Intelligent mobile terminal metal structure project: 7.5 million yuan - Anhui He Sheng New Energy Production Base Project (Phase I): 42 million yuan - Supplementing working capital: 18.5 million yuan [3] Issuance Structure - The issuance will target no more than 35 specific investors, including qualified institutional investors such as securities investment fund management companies, securities companies, trust companies, financial companies, insurance institutions, and qualified foreign institutional investors [3] - The shares will be subscribed for in cash, and the issuance price will not be lower than 80% of the average trading price of the company's A-shares over the 20 trading days prior to the pricing date [4] Shareholding Changes - The maximum number of shares to be issued is capped at 83,734,224, which represents up to 30% of the total share capital before the issuance [4] - After the issuance, the total share capital will increase to 362,848,305 shares, reducing the controlling shareholder Li Jianxiang's ownership from 34.44% to 26.49% [5] Previous Fundraising - The company previously conducted a non-public share issuance approved by the CSRC, raising approximately 294.25 million yuan (about 45 million USD) in 2022, with all funds received by July 18, 2022 [6][7] - The previous issuance was fully subscribed by the controlling shareholder, Li Jianxiang, who used cash for the subscription [7] Dividend Distribution - In 2023, the company distributed cash dividends of 3.13 yuan per 10 shares, totaling approximately 62.61 million yuan, and proposed a capital reserve conversion of 4 shares for every 10 shares held [7] Sponsorship - The issuance is sponsored by Guotai Junan Securities Co., Ltd., with representatives Xu Zhenyu and Zhang Xiaotian overseeing the process [8]
和胜股份不超6.8亿定增获深交所通过 国泰君安建功