FORE(SZ:301368) Sou Hu Cai Jing·2025-08-05 02:57Core Viewpoint - Fengli Intelligent (301368.SZ) plans to issue A-shares to specific investors, including its actual controllers and other qualified investors, with a total fundraising target of up to 730 million yuan for various projects and working capital [1][2]. Group 1: Stock Issuance Details - The stock issuance will be limited to no more than 35 specific investors, including Wang Youli, Huang Weihong, and Fengli Transmission, and will be conducted through a competitive bidding process [1]. - The issuance price will be no less than 80% of the average trading price of the company's shares over the 20 trading days prior to the pricing date [1]. - The total number of shares to be issued will not exceed 36,030,000, which is 30% of the company's total share capital before the issuance [2]. Group 2: Fundraising Allocation - The total investment for the projects funded by the issuance is 86,208.03 million yuan, with the following allocations: - Precision power gear intelligent manufacturing project: 27 million yuan - New generation precision transmission manufacturing project: 22 million yuan - Precision transmission R&D center construction project: 4 million yuan - Working capital: 20 million yuan [3]. Group 3: Financial Performance - For the first half of 2023, the company reported revenue of 242.02 million yuan, a slight increase of 0.25% year-on-year, while net profit attributable to shareholders decreased by 68.79% to 3.22 million yuan [5][6]. - The net cash flow from operating activities increased significantly by 219.29% to 17.86 million yuan [5][6]. Group 4: Regulatory Issues - The company faced regulatory scrutiny from the Shenzhen Stock Exchange due to incomplete disclosures regarding its products' applications in humanoid robots, which led to significant stock price fluctuations [7].