Wensli(SZ:301066) Zheng Quan Zhi Xing·2025-07-17 12:16Core Viewpoint - Hangzhou Wensli Silk Culture Co., Ltd. is conducting a private placement of A-shares to specific investors, raising a total of approximately RMB 600 million, with a focus on expanding its silk-related product offerings and enhancing its market position [1][4]. Group 1: Company Overview - The company is based in Hangzhou, Zhejiang Province, with a registered capital of RMB 188.84 million [2]. - It specializes in the research, design, production, and sales of silk-related products, integrating traditional silk culture with creative design and digital printing technology [2][3]. - Main products include silk cultural creative items and silk textile products, with the "Wensli" brand being a core focus [3]. Group 2: Issuance Details - The issuance involves a total of 46,082,949 shares at a price of RMB 13.02 per share, resulting in total funds raised of RMB 599,999,995.98 [4][5]. - After deducting issuance costs of RMB 14,505,062.15, the net proceeds amount to RMB 585,494,933.83 [4][5]. - The issuance is approved by the China Securities Regulatory Commission and complies with relevant regulations [4][19]. Group 3: Investor Participation - A total of 17 specific investors participated in the issuance, with the largest allocation going to Zhoushan Sixian Investment Partnership, which received 1,536,098 shares [11][12]. - The lock-up period for shares varies, with some investors restricted from transferring their shares for 6 to 18 months post-issuance [5][11]. - The investor pool includes various asset management companies and private equity funds, ensuring a diverse range of financial backing [11][12][13]. Group 4: Regulatory Compliance - The issuance process followed all necessary internal decision-making procedures, including approvals from independent directors and shareholders [3][4]. - The company has confirmed that all participating investors meet the suitability requirements as per regulatory standards [17][18]. - There are no significant transactions or future arrangements between the company and the investors in the past year, ensuring compliance with regulatory requirements [19].