SinoDaan(SZ:300635) Zheng Quan Zhi Xing·2025-08-24 16:13Core Viewpoint - The company, Zhongda An Co., Ltd., is planning to issue up to 42,040,200 A-shares at a price of RMB 8.70 per share, aiming to raise a total of no more than RMB 365.75 million for working capital and debt repayment [1][18][20]. Group 1: Issuance Details - The issuance is approved by the company's board of directors, supervisory board, and shareholders' meeting, confirming the legality and validity of the resolutions [8][9]. - The issuance price of RMB 8.70 per share is set based on the average trading price of the company's shares over the previous 20 trading days, ensuring compliance with legal requirements [12][20]. - The issuance will result in a change of control, with the subscriber, Xiamen Jianxi, becoming the controlling shareholder of the company [19][21]. Group 2: Company Structure and Compliance - Zhongda An Co., Ltd. was established through the overall restructuring of its predecessor, Guangdong Da'an Engineering Management Co., Ltd., and has fulfilled all necessary legal procedures for its establishment [11][22]. - The company has maintained its legal existence and independence, with no significant adverse impacts from related party transactions or competition with its controlling shareholder [24][25]. - The company has provided all necessary documentation and assurances to support the issuance, confirming the accuracy and completeness of the information provided [5][6].