Sunasia(SH:600593) Zheng Quan Zhi Xing·2025-07-28 16:38Core Viewpoint - The company, Dalian Shengya Tourism Holdings Co., Ltd., is planning to issue A-shares to specific investors, aiming to raise up to 956.34 million yuan for debt repayment and working capital replenishment [2][4][5]. Group 1: Supervisory Board Meeting - The fifth meeting of the ninth supervisory board was held on July 26, 2025, with all five supervisors present, confirming compliance with legal and regulatory requirements [1]. - The meeting unanimously approved the proposal to sign a strategic cooperation agreement and related transactions [1]. Group 2: Stock Issuance Details - The company plans to issue ordinary shares (A-shares) with a par value of 1.00 yuan each, exclusively to Shanghai Tongcheng Enterprise Management Partnership [2][3]. - The issuance will occur after approval from the Shanghai Stock Exchange and the China Securities Regulatory Commission [2][3]. - The pricing for the shares is set at 24.75 yuan per share, based on the average trading price over the previous 20 trading days [3]. Group 3: Issuance Quantity and Lock-up Period - The maximum number of shares to be issued is 38,640,000, not exceeding 30% of the total shares before issuance [4]. - The shares subscribed by Shanghai Tongcheng will have a lock-up period of 36 months post-issuance [4]. Group 4: Fund Utilization - The total funds raised will be used entirely for debt repayment and to supplement working capital [4][5]. - The company will share any undistributed profits prior to the issuance among new and existing shareholders based on their shareholding ratios [5]. Group 5: Regulatory Compliance and Future Plans - The resolution for the stock issuance is valid for 12 months from the date of shareholder approval [5]. - The company has disclosed various related documents and plans for future shareholder returns and incentive programs [6][7].