Core Viewpoint - Wuhu Sanlian Forging Co., Ltd. plans to issue convertible bonds to raise up to 650 million yuan, marking its first public financing since its IPO in May 2023, amid slowing revenue and profit growth [1][5][9] Group 1: Financial Performance - In the first half of 2025, the company achieved operating revenue of 775 million yuan, a year-on-year increase of 6.86% [1][7] - The net profit attributable to shareholders was 71.34 million yuan, up 3.88% year-on-year, while the net profit after deducting non-recurring gains and losses was 69.12 million yuan, reflecting a 5.93% increase [1][7] - The company's revenue from new energy vehicle products reached 203 million yuan, accounting for 28.08% of its main business revenue [8] Group 2: Financing and Investment Plans - The total amount to be raised from the convertible bond issuance is capped at 650 million yuan, adjusted from an initial target of 790 million yuan due to previous fundraising exceeding 30% of the total [4] - The funds will be allocated to projects including precision machining for new energy vehicle components, lightweight forging production, and a precision forging component R&D project, as well as to supplement working capital [4][5] Group 3: Historical Context and Growth Trends - The company was listed on the Shenzhen Stock Exchange on May 24, 2023, and this is its first direct public financing since then [6] - From 2022 to 2024, the company’s operating revenue is projected to grow from 1.05 billion yuan to 1.56 billion yuan, with net profits increasing from 95 million yuan to 146 million yuan [7]
这家公司上市超募后仅2年，又要发债募资6.5亿