SHREG(SZ:000803) Zheng Quan Zhi Xing·2025-07-16 13:11Group 1 - The company plans to issue A-shares to specific investors to enhance its capital strength and support its strategic development in the organic waste disposal and resource utilization sector [1][3][4] - The issuance is driven by the increasing demand for kitchen waste disposal and resource utilization, as well as the government's focus on environmental protection and waste management [1][2][3] - The company has a significant debt burden, with total borrowings amounting to 1.983 billion yuan and a debt-to-asset ratio of 72.06% as of March 31, 2025 [3][4] Group 2 - The company aims to use the raised funds to supplement working capital and repay bank loans, which will help reduce its debt ratio and optimize its capital structure [4][10][21] - The issuance will also strengthen the company's financial position and enhance its ability to respond to industry trends and competition [4][10][21] - The company has established a network of projects across nearly twenty major cities in China, focusing on organic waste disposal and renewable energy [3][4] Group 3 - The issuance price is set at 5.13 yuan per share, which is not lower than 80% of the average trading price over the previous 20 trading days [11][12] - The issuance will be conducted in compliance with relevant regulations, ensuring that the process is fair and transparent for all shareholders [14][15] - The company has committed to using the raised funds exclusively for operational purposes and will not engage in financial investments [10][21]