MAS(SZ:300275) Zhong Guo Jing Ji Wang·2025-06-10 06:27Core Viewpoint - The company Meiansen has decided to terminate its plan to issue shares to specific investors and has withdrawn its application, citing market conditions and strategic considerations as the main reasons for this decision [1]. Group 1: Termination of Share Issuance - Meiansen held meetings on June 9, 2025, where the board and supervisory committee approved the termination of the share issuance plan and the withdrawal of the application [1]. - The company emphasized that the decision was made after thorough communication and analysis among relevant parties, considering the current market environment and the company's development strategy [1]. - The termination of the share issuance will not have a significant adverse impact on the company's normal operations and will not harm the interests of the company or its shareholders, especially minority shareholders [1]. Group 2: Previous Share Issuance Plan - The previously disclosed plan aimed to raise a total of up to 180 million yuan, with the net proceeds intended to supplement working capital [2]. - The shares were to be fully subscribed by the company's actual controller, Ma Yan, at a price of 7.74 yuan per share, which would increase his shareholding from 15.38% to 21.37% if the maximum number of shares were issued [2]. - Ma Yan is the controlling shareholder and chairman of the company, and his participation in the share issuance constitutes a related party transaction [2]. Group 3: Underwriting Information - The lead underwriter for the share issuance was Dongfang Securities Co., Ltd., with representatives Guo Jiange and Yuan Hui overseeing the process [3].