广东雄塑科技集团股份有限公司

Core Points - The company reported a significant decline in revenue and net profit for the year 2024, with total revenue of 1.031 billion yuan, a decrease of 20.21% year-on-year, and a net profit attributable to shareholders of -111 million yuan, a decrease of 513.04% year-on-year [9] Group 1: Company Overview - The company specializes in the research, production, and sales of environmentally friendly, safe, and high-performance plastic pipe products, with a focus on new chemical building materials [5] - The company operates six major business bases located in Guangdong, Guangxi, Henan, Jiangxi, Hainan, and Yunnan [5] - The main products include PVC, PE, and PPR pipes and fittings, widely used in various sectors such as industrial and civil construction, municipal engineering, and agricultural development [5] Group 2: Financial Performance - The company experienced a net loss of 111 million yuan for the year 2024, with a cumulative distributable profit of 594 million yuan as of December 31, 2024 [12] - The company plans not to distribute cash dividends or issue bonus shares for the year 2024 due to the negative net profit [12][14] - The company has undergone a change in its auditing firm, switching from Lixin Certified Public Accountants to Guangdong Sinong Certified Public Accountants [3] Group 3: Fundraising and Use of Funds - The company raised a total of approximately 500.72 million yuan through a specific stock issuance, with the remaining funds after fees amounting to about 492.23 million yuan [17] - The company has terminated certain fundraising projects and will permanently supplement its working capital with the remaining funds, totaling approximately 164.86 million yuan [21][32] - The company has implemented strict management of its fundraising, ensuring that funds are stored in dedicated accounts and used according to regulations [19][20]