YAWEI(SZ:002559) Zheng Quan Zhi Xing·2025-08-01 16:35Core Viewpoint - Jiangsu Yawen Machine Tool Co., Ltd. is applying for a specific object stock issuance and listing on the main board, with the underwriting by Huatai United Securities [2][3]. Group 1: Issuer Information - Jiangsu Yawen Machine Tool Co., Ltd. has a total share capital of 549,765,024 shares as of March 31, 2025 [6]. - The company engages in the export of self-produced products and technology, as well as the import of raw materials and equipment necessary for production [6]. Group 2: Financial Data - As of March 31, 2025, the total assets of the company are 457,958.08 million, with total liabilities of 283,872.40 million, resulting in shareholders' equity of 174,085.67 million [7]. - The company's operating income for the first quarter of 2025 is 46,706.58 million, with a net profit of 3,067.38 million [7]. Group 3: Fundraising and Use of Proceeds - The total amount to be raised from this issuance is 92,457.49 million, which will be used for the "Servo Press and Automation Stamping Line Phase II Project" and to supplement working capital and repay bank loans [27][28]. - The Servo Press and Automation Stamping Line Phase II Project aims to achieve an annual production capacity of 31,700 tons of large precision structural parts, enhancing the company's production capabilities [27]. Group 4: Underwriter Information - Huatai United Securities is the lead underwriter for this issuance, with representatives Zhou Mingjie and Yi Bojie responsible for the project [3][4]. - The underwriting team has extensive experience in IPO projects and refinancing, having participated in various significant projects [4]. Group 5: Compliance and Regulatory Aspects - The issuance complies with the relevant laws and regulations, including the Company Law and Securities Law, and has undergone necessary internal decision-making processes [19][20]. - The issuance price is set at 7.28 yuan per share, which meets the requirement of being no less than 80% of the average trading price over the previous 20 trading days [29].