SHHDKJ(SH:603192) Zhong Guo Jing Ji Wang·2025-07-07 03:07Core Viewpoint - The company Huide Technology (603192.SH) plans to issue A-shares to specific investors, aiming to raise up to RMB 580 million for polyurethane new material projects, with the issuance not exceeding 30% of the total share capital before the issuance [1][2]. Group 1: Issuance Details - The issuance will target no more than 35 specific investors, including various financial institutions and qualified investors [1]. - The shares will be priced at no less than 80% of the average trading price over the 20 trading days prior to the pricing date [1]. - The total number of shares to be issued will not exceed 42,339,800, which is 30% of the total share capital before the issuance [2]. Group 2: Financial Performance - For Q1 2025, the company reported revenue of RMB 611 million, a decrease of 8.92% year-on-year, while net profit attributable to shareholders was RMB 19.34 million, an increase of 31.26% [3][4]. - The net profit after excluding non-recurring items was RMB 18.24 million, up 29.77% year-on-year [3][4]. - The net cash flow from operating activities was negative RMB 584,690, indicating a significant decline [3][4]. Group 3: Historical Financial Trends - In 2024, the company achieved revenue of RMB 2.67 billion, a decrease of 1.51% compared to 2023, marking a continuous decline over three years [5]. - The net profit attributable to shareholders in 2024 was RMB 124.56 million, a significant increase of 95% year-on-year, the highest in four years [5]. - The net profit after excluding non-recurring items was RMB 113.62 million, up 84.86% year-on-year, while operating cash flow decreased by 88.33% [5].