Core Viewpoint - The announcement details Guangdong Siquan New Materials Co., Ltd.'s plan for a specific stock issuance in 2025, analyzing the impact on immediate returns and outlining measures to mitigate potential dilution of returns for investors [2][3][5]. Financial Impact Analysis - The company analyzed the impact of the stock issuance on key financial metrics, including earnings per share (EPS) and return on equity (ROE), under various profit growth scenarios of 0%, 10%, and 20% for 2025 compared to 2024 [3][4]. - Under the assumption of no profit growth, the diluted EPS would decrease from 0.91 to 0.50 yuan per share post-issuance [3][4]. - If profits increase by 10%, the diluted EPS would adjust to 0.55 yuan per share, and with a 20% increase, it would be 0.60 yuan per share [4]. Necessity and Reasonableness of the Issuance - The funds raised will be used to optimize production capacity, enhance industry position, and improve core competitiveness and profitability, aligning with national industrial policies and the company's strategic development [5][6]. Relationship with Existing Business - The fundraising projects are closely related to the company's main business of thermal management materials, magnetic materials, and nano-protective materials, which are applicable in various sectors including consumer electronics and renewable energy [6][7]. Measures to Mitigate Dilution of Immediate Returns - The company plans to accelerate project implementation and improve fund utilization efficiency to enhance overall competitiveness and sustainable development [8]. - A strict fundraising management system will be established to ensure funds are used appropriately and effectively, with ongoing supervision by the company and its sponsors [8][9]. - The company will also enhance its profit distribution policy to strengthen investor return mechanisms, ensuring compliance with relevant regulations [8][9]. Commitments from Key Stakeholders - The controlling shareholder and senior management have made commitments to not interfere with company operations or harm company interests, ensuring adherence to the measures designed to mitigate return dilution [10][11]. Approval Process for the Issuance - The analysis and measures regarding the dilution of immediate returns have been approved by the company's board and will be submitted for shareholder approval [11].
思泉新材: 关于2025年度向特定对象发行股票摊薄即期回报、填补措施及相关承诺的公告