TONGWEI CO.,LTD(SH:600438) Sou Hu Cai Jing·2025-07-14 11:37Group 1 - Tongwei Co., Ltd. announced a strategic capital increase of 4.916 billion yuan for its subsidiary Sichuan Yongxiang Co., Ltd., attracting 11 investment institutions, including state-owned entities [1][5] - The pre-investment valuation of Yongxiang Co., Ltd. reached 27 billion yuan, and after the capital increase, the post-investment valuation exceeded 30 billion yuan [5][9] - Following the capital increase, Tongwei's shareholding was diluted to 84.60%, while new investors collectively hold 15.40% [1][7] Group 2 - The funds from this capital increase will be used to repay bank loans and supplement working capital for Yongxiang Co., Ltd. and its subsidiaries [6] - Yongxiang Co., Ltd. achieved a revenue of 45.03 billion yuan and a net profit of 15.18 billion yuan in 2023, but faced a net loss of nearly 1 billion yuan in the first three quarters of 2024 due to a downturn in the photovoltaic industry [9] - Yongxiang Co., Ltd. has been the global leader in market share and shipment volume since 2021, with a production capacity of over 900,000 tons of high-purity silicon [9]