MPCSH(SZ:000637) Zheng Quan Zhi Xing·2025-08-31 08:12Core Viewpoint - The announcement discusses the impact of issuing A-shares to specific investors on the company's immediate returns and outlines measures to mitigate the dilution of shareholder returns [1][4]. Financial Impact Analysis - The company anticipates a net profit of -82.66 million yuan and a net profit of -80.12 million yuan after excluding non-recurring gains and losses for the year 2025 [1]. - The total share capital before the issuance is 519,875,356 shares, which will increase to 675,837,962 shares post-issuance [2]. - The basic earnings per share (EPS) before the issuance is -0.3180 yuan, which is expected to change to -0.2765 yuan after the issuance [2]. - The weighted average return on net assets is projected to decrease from -29.39% to -24.74% after the issuance [2]. Necessity and Reasonableness of the Issuance - The funds raised will be used to supplement working capital, improving the company's financial condition and capital structure, thereby enhancing its risk resistance and core competitiveness [5][6]. Measures to Mitigate Dilution of Immediate Returns - The company plans to enhance corporate governance to ensure shareholder rights are protected and to improve decision-making processes [6][7]. - The company will strengthen the management of raised funds to ensure they are used legally and effectively, aiming to increase future shareholder returns [6][7]. - The company will optimize its investor return mechanism, adhering to regulations regarding profit distribution to enhance shareholder returns [7]. Commitments from Key Stakeholders - The controlling shareholder and senior management have committed to not interfering with the company's operations and to uphold the measures taken to mitigate the dilution of immediate returns [8][9]. - The board of directors has approved the measures to address the dilution of immediate returns during a recent meeting [10].