ZXFC(SZ:002915) Zheng Quan Zhi Xing·2025-07-07 14:13Core Viewpoint - Zhejiang Zhongxin Fluorine Materials Co., Ltd. plans to issue shares to specific investors through a simplified procedure to raise funds for strategic development, with a total fundraising amount not exceeding 226 million yuan [6][11]. Group 1: Board Meeting Details - The 21st meeting of the 6th Board of Directors was held on July 7, 2025, in Hangzhou Bay, with all members present either in person or via telecommunication [1]. - The meeting was convened by Chairman Xu Jianguo and was attended by supervisors and senior management [1]. Group 2: Share Issuance Proposal - The board approved the proposal for the company to issue shares to specific investors, confirming compliance with relevant laws and regulations [2][8]. - The issuance will involve A-shares with a par value of 1.00 yuan each [3]. Group 3: Issuance Details - The issuance will be completed within ten working days after receiving registration approval from the China Securities Regulatory Commission [3]. - The target investors will not exceed 35 specific entities, including qualified institutional investors [4]. Group 4: Pricing and Quantity - The pricing benchmark will be set at 80% of the average trading price over the 20 trading days prior to the pricing date [5]. - The total number of shares issued will not exceed 30% of the company's total share capital before the issuance, with a maximum fundraising amount of 300 million yuan [6]. Group 5: Fund Utilization - The net proceeds from the issuance will be used for projects including the production of BPEF and BPF, with a total investment of 261.41 million yuan and planned funding of 226 million yuan [6][7]. Group 6: Lock-up Period and Profit Distribution - Shares issued will have a lock-up period of six months post-issuance, and profits accumulated before the issuance will be shared among new and existing shareholders based on their shareholding ratio [7][8]. Group 7: Audit and Compliance - The board approved the appointment of Beijing Zhongming Guocheng Accounting Firm as the special auditing institution for the share issuance [12].