Shandong Mining Machinery (SZ:002526) Zheng Quan Zhi Xing·2025-09-04 16:20Core Viewpoint - Shandong Mining Machinery Group Co., Ltd. is preparing to issue A-shares to specific investors, with Lianchu Securities Co., Ltd. acting as the lead underwriter for this issuance [1][2]. Group 1: Basic Information about the Issuance - The underwriter for the issuance is Lianchu Securities Co., Ltd. [2] - The designated representatives for the underwriting are Nie Ronghua and Xu Guang, both of whom have extensive experience in similar projects [2][3]. - The issuance involves the company offering A-shares to specific investors, which is a common practice for raising capital [4]. Group 2: Company Overview - Shandong Mining Machinery Group was established on December 3, 1999, with a registered capital of 1,782.79 million yuan [4]. - The company is located in the Economic Development Zone of Changle County, Shandong Province, and is listed on the Shenzhen Stock Exchange under the stock code 002526 [4]. - The company specializes in manufacturing coal mining machinery and has diversified into related products and services [5]. Group 3: Financial Data - As of June 30, 2025, the total assets of Shandong Mining Machinery amounted to 518,205.88 million yuan, with total liabilities of 191,127.74 million yuan [6]. - The company reported a revenue of 104,635.35 million yuan for the first half of 2025, with a net profit attributable to shareholders of 9,846.04 million yuan [6][7]. - The company's financial ratios indicate a current ratio of 1.81 and a quick ratio of 1.24 as of the first half of 2025 [7]. Group 4: Compliance and Regulatory Aspects - The issuance has been approved by the company's board of directors and shareholders, complying with the legal requirements set forth in the Company Law and Securities Law [13][14]. - The issuance price is set at 1.85 yuan per share, which is above the par value, meeting regulatory standards [14][16]. - The company has confirmed that the issuance will not lead to a change in control and adheres to the regulations regarding the issuance to specific investors [16].