Shanghai Smith Adhesive New Material (SH:603683) Zheng Quan Zhi Xing·2025-05-22 10:28Core Viewpoint - Shanghai Smith Adhesive New Material Co., Ltd. is set to issue new shares through a simplified procedure aimed at specific investors, with a total of 27,199,772 shares priced at 8.36 RMB per share, raising approximately 227.39 million RMB in total [4][9][12]. Group 1: Issuance Details - The new shares will be listed on the Shanghai Stock Exchange after a six-month lock-up period following the issuance [1][22]. - The issuance involves 8 specific investors who participated in the cash subscription, with shares subject to a six-month transfer restriction [1][22]. - The total amount raised from this issuance has been adjusted from a maximum of 250 million RMB to 227.39 million RMB [10][12]. Group 2: Company Information - The company was established on April 19, 2006, and is headquartered in Shanghai, with a registered capital of 258.79 million RMB [3]. - The company specializes in the production and sales of various adhesive materials, including electronic and automotive applications [3]. Group 3: Financial Information - The issuance price of 8.36 RMB per share represents 103.08% of the average trading price over the previous 20 trading days [12]. - The net proceeds from the issuance, after deducting issuance costs, are estimated to be approximately 222.24 million RMB [13]. - The company’s earnings per share and net asset value per share are projected to change post-issuance, with the basic earnings per share expected to be 0.07 RMB before the issuance and 0.06 RMB after [25].