华瓷股份: 华瓷股份2025年度向特定对象发行股票预案（修订稿）

Group 1 - The company plans to issue shares to specific investors, including its controlling shareholder, Zhi Yu Investment, and other qualified institutional investors, subject to regulatory approval [2][3][18] - The total amount to be raised from this issuance is not to exceed 700 million yuan, with the funds intended for specific investment projects [25][26] - The issuance will not change the company's control structure, as Zhi Yu Investment will remain the controlling shareholder post-issuance [27][31] Group 2 - The company aims to enhance its production capacity and efficiency by establishing a new production base in Vietnam, responding to increasing market demand for ceramic products [10][15][17] - The company has a strong international presence, with over 200 overseas clients across more than 60 countries, and aims to further expand its market share in the global ceramic industry [14][17] - The issuance is part of a broader strategy to align with national initiatives such as the Belt and Road Initiative and to strengthen supply chain cooperation with ASEAN countries [11][13][17] Group 3 - The issuance process will involve a pricing mechanism based on the average trading price of the company's shares over the 20 trading days prior to the pricing date [21][22] - Zhi Yu Investment has committed to subscribe for shares amounting to 30 million yuan, agreeing to the same price as other investors [6][21][31] - The company has established a shareholder return plan for 2025-2027, which includes measures to address potential dilution of immediate returns from the issuance [7][12]