Sou Hu Cai Jing·2025-08-23 11:19Summary of Key Points Core Viewpoint - No IPO companies were reviewed this week, but one company, Ningbo Sinyuan Zm Technology Co., Ltd., successfully passed the refinancing review, aiming to raise 450 million yuan [1][2]. Company Overview - Ningbo Sinyuan Zm Technology Co., Ltd. is based in Zhejiang and specializes in the research, production, and sales of magnesium and aluminum alloy precision die-casting products [2]. - The company was established on July 16, 2003, and is listed on the Shenzhen Stock Exchange under the stock code 301398 [2]. Financial Performance - For the fiscal year ending March 31, 2025, the company reported total revenue of 883.38 million yuan, reflecting a year-on-year increase of 7.28% [4]. - The total profit for the same period was 189.84 million yuan, showing a decrease of 5.94% compared to the previous year [4]. - The net profit attributable to shareholders was 169.40 million yuan, a decline of 4.08% year-on-year [4]. Fundraising Project - The company plans to issue convertible bonds to raise up to 450 million yuan, which will be used for a project to produce 3 million sets of high-strength large magnesium alloy precision forming parts for automobiles annually [5][6].