Geovis(SH:688568) Zheng Quan Zhi Xing·2025-08-21 13:13Core Viewpoint - The company plans to issue A-shares to specific investors in 2025 to enhance its capital strength and support the development of its projects in the aerospace information industry, which is expected to exceed one trillion yuan by 2025 [12][14][26]. Group 1: Issuance Details - The company intends to issue no more than 242,866,690 shares, which will not exceed 30% of the total share capital before the issuance [4][21]. - The total amount to be raised is capped at 248,846.82 million yuan, with the net proceeds allocated to various projects, including the construction of digital service platforms [14][26]. - The issuance will be conducted after obtaining approval from the Shanghai Stock Exchange and the China Securities Regulatory Commission [2][25]. Group 2: Project Investment - The funds raised will be used for projects such as the Star Map Cloud Aerospace Information Cloud Platform and the Star Map Low-altitude Cloud Supervision and Flight Service Digital Infrastructure Platform [14][26]. - The total investment for these projects is estimated at 254,872.11 million yuan, with the company planning to adjust the allocation based on actual project needs [4][26]. - The company aims to enhance its capabilities in the aerospace information sector, which is characterized by high technology content and strategic importance [12][13]. Group 3: Market Context - The aerospace information industry is rapidly growing, with significant investments and policy support from various regions in China, positioning it as a key area for future economic development [13][14]. - The commercial aerospace market in China has seen substantial growth, with a market size increase from 0.6 trillion yuan in 2018 to 1.9 trillion yuan in 2023, reflecting an annual growth rate of 23% [26]. - The company is strategically positioned to leverage this growth by enhancing its service offerings and expanding its market share in the aerospace information sector [12][14].