Core Viewpoint - Futec Technology, listed for less than a year, has announced a refinancing plan to raise up to 528 million yuan for investments in the electric vehicle sector and to supplement working capital [1][2]. Group 1: Financing Plan - The company plans to issue A-shares to no more than 35 qualified investors, with a maximum of 46.6261 million shares, not exceeding 30% of the pre-issue total share capital [1]. - The funds will be allocated as follows: 234 million yuan for the intelligent production project of core components for electric vehicles (Phase III), aiming to add 720,000 sets of onboard power supply capacity; 155 million yuan for the second base of onboard power supply production; 36.4243 million yuan for the R&D of the next generation of onboard power supplies; and the remaining 103 million yuan for working capital [1]. Group 2: Financial Performance - In 2024, the company achieved a revenue of 1.934 billion yuan, a year-on-year increase of 5.38%; in Q1 2025, revenue reached 506 million yuan, a nearly 95% year-on-year surge [2]. - Despite revenue growth, the company faced declining profitability, with a net profit attributable to shareholders of 94.6052 million yuan in 2024, down 1.9% year-on-year; the net profit excluding non-recurring items was 75 million yuan, a decrease of 19.3% [2]. - The operating cash flow has been declining for two consecutive years, with a net cash flow from operating activities of 105 million yuan in 2023, down 51.74% year-on-year; in 2024, it fell to 25.9386 million yuan, a 75.21% decline; and in Q1 2025, it turned negative at -8.8841 million yuan [2]. Group 3: Dividend Policy - The company's dividend plan for 2024 is to distribute 0.18 yuan per 10 shares, totaling approximately 2 million yuan, resulting in a cash dividend rate of only 0.2%, which is considered extremely low [2].
富特科技IPO不满一年拟定增募资5亿元 上市首年扣非净利润下降近20%现金分红率仅0.2%