BGT(SZ:300774) Xin Lang Zheng Quan·2025-06-24 09:57Core Viewpoint - Beijite plans to issue up to 12,262.91 million shares to no more than 35 specific investors, aiming to raise a total of no more than 1 billion yuan for projects related to water supply and wastewater treatment, as well as to supplement working capital [1] Group 1: Company Overview - Beijite focuses on industrial water treatment, high-salinity wastewater resource utilization, and comprehensive development of salt lake lithium extraction and other minerals, providing water treatment solutions, operational management, technical services, and product manufacturing and sales [2] - The company was listed on the Shenzhen Stock Exchange's Growth Enterprise Market on August 4, 2021 [2] Group 2: Financial Performance - Beijite's revenue from 2021 to 2024 was 713 million yuan, 839 million yuan, 653 million yuan, and 1.041 billion yuan respectively, while net profit attributable to shareholders was 174 million yuan, 32.95 million yuan, 104 million yuan, and 133 million yuan respectively [2] - In 2022, the company's net profit decreased by 81% year-on-year, indicating significant volatility [2] - In Q1 of this year, Beijite achieved revenue of 178 million yuan, a year-on-year increase of 24.62%, but net profit attributable to shareholders decreased by 36.98% [2] Group 3: Capital Structure and Fundraising - As of the end of Q1 2025, Beijite had cash and cash equivalents of 280 million yuan and total financial assets exceeding 300 million yuan, while interest-bearing debt was low at 19 million yuan, resulting in an asset-liability ratio of 30.94% [2] - The necessity of fundraising should be explained in the context of cash flow pressures [2]