IFLYTEK(SZ:002230) Zheng Quan Zhi Xing·2025-08-21 12:13Core Viewpoint - The announcement details the impact of the issuance of A-shares on the immediate returns of the company and outlines measures to mitigate the dilution effect on shareholders [1][3]. Group 1: Impact of A-Share Issuance - The company plans to issue 100,000,000 A-shares, raising a total of 400,000 million yuan, which will dilute immediate returns [2][3]. - The analysis considers three scenarios for net profit in 2025: a 20% increase, no change, and a 20% decrease compared to 2024 [2][3]. - The basic earnings per share (EPS) under these scenarios are projected to be 0.2908, 0.2423, and 0.1938 respectively, indicating a potential decline in EPS due to the share issuance [3]. Group 2: Necessity and Reasonableness of the Issuance - The funds raised will be used for projects aligned with the company's main business, enhancing its technological advancement and market competitiveness [4][5]. - The issuance is deemed necessary to strengthen the company's capital structure and improve its risk resistance, ultimately aiming to enhance profitability [4][5]. Group 3: Measures to Mitigate Dilution - The company will implement strict management of the raised funds to ensure compliance and effective use, thereby minimizing risks associated with fund usage [6][5]. - There will be an emphasis on accelerating project construction funded by the issuance to improve profitability and reduce the dilution effect [6]. - The company has established a profit distribution policy to ensure stable returns to investors, including a three-year shareholder return plan [6][7]. Group 4: Commitments from Relevant Parties - The board of directors and senior management have committed to ensuring the effectiveness of the measures to mitigate dilution [8][9]. - The actual controller of the company has also made commitments regarding the protection of investor interests and adherence to regulatory requirements [9].