HONGMING(SZ:301105) Zhong Guo Jing Ji Wang·2025-07-18 03:29Group 1 - Hongming Co., Ltd. announced the termination of its major asset restructuring plan, which involved acquiring 83% of Shenzhen Chisu Automation Equipment Co., Ltd. for approximately 151 million yuan [1] - The termination was due to the inability of both parties to reach an agreement on the final transaction plan, and a termination agreement was signed with the target company and its main shareholders [1] - Following the initial announcement of the restructuring plan on May 21, 2025, Hongming's stock price surged, reaching a high of 44.02 yuan on May 23, marking a 20% increase from the previous day [1] Group 2 - Hongming Co., Ltd. was listed on the Shenzhen Stock Exchange on December 30, 2022, issuing 12.5 million shares at a price of 40.50 yuan per share, with a total fundraising amount of 506.25 million yuan [2] - The net fundraising amount after deducting related expenses was approximately 427.54 million yuan, exceeding the original plan by 144.15 million yuan [2] - The funds raised were intended for the headquarters project of Dongcheng Guangdong Hongming Intelligent Co., Ltd., which includes production, marketing, and R&D centers [2] Group 3 - The total issuance costs for Hongming's IPO amounted to approximately 78.71 million yuan, with underwriting and sponsorship fees accounting for about 45.56 million yuan [3] - For the years 2023 and 2024, Hongming's revenue was reported at 175 million yuan and 201 million yuan, respectively, while the net profit attributable to shareholders was -16.77 million yuan and -9.77 million yuan [3] - The net cash flow from operating activities for the same period was approximately 19.20 million yuan and 37.68 million yuan [3]