CHANGLAN TECH.(SZ:002879) Zhong Guo Jing Ji Wang·2025-06-23 02:49Core Viewpoint - Changlan Technology (002879) plans to issue shares to specific investors, with a total fundraising amount not exceeding 460 million yuan, aimed at expanding production capacity and upgrading technology in the high-voltage cable sector [1][2]. Group 1: Share Issuance Details - The share issuance will target no more than 35 specific investors, including qualified institutional investors and individuals [1]. - The issuance price will be no less than 80% of the average stock price over the 20 trading days prior to the pricing date [1]. - The total number of shares to be issued will not exceed 57,932,292, representing up to 30% of the company's total share capital before the issuance [1]. Group 2: Fund Utilization - The total investment for the projects funded by the issuance includes: - High-voltage cable accessory capacity expansion and technology upgrade: 199.50 million yuan - R&D center construction: 77.37 million yuan - Marketing and service system construction: 57.61 million yuan - Information system upgrade: 38.41 million yuan - Working capital supplementation: 87.11 million yuan - The total amount raised will be fully allocated to these projects [2][3]. Group 3: Shareholder Structure - As of the announcement date, Yu Zhengyuan holds 35.47% of the company's shares, making him the controlling shareholder [4]. - After the issuance, Yu Zhengyuan's shareholding will decrease to 27.29%, but he will remain the controlling shareholder [4]. Group 4: Previous Issuance Attempt - The company previously announced the termination of a simpler share issuance plan for 2024, which aimed to raise 225.60 million yuan for acquiring stakes in Shuangjiang Energy [5]. - The company reported a revenue of 269.05 million yuan for Q1 2025, a year-on-year increase of 35.97%, but net profit decreased by 84.88% [6].