Core Viewpoint - The company, Quectel Wireless Solutions (移远通信), has received approval from the Shanghai Stock Exchange for its application to issue shares to specific investors, pending final approval from the China Securities Regulatory Commission (CSRC) [1] Group 1: Share Issuance Details - The total amount to be raised from the issuance of shares is not to exceed 230 million yuan, with net proceeds allocated to projects including vehicle and 5G module expansion, AI computing module and solution industrialization, headquarters and R&D center upgrades, and working capital supplementation [1][3] - The issuance will adopt a competitive pricing method, with the issue price set at no less than 80% of the average trading price of the company's shares over the 20 trading days prior to the pricing date [3] - The number of shares to be issued will not exceed 26,165,765 shares, representing a maximum of 10% of the company's total share capital prior to the issuance [3][6] Group 2: Investor Eligibility and Restrictions - The issuance targets up to 35 specific investors, including qualified institutional investors such as securities investment fund management companies, securities firms, financial companies, asset management companies, insurance institutions, trust companies, and qualified foreign institutional investors [4] - All investors must subscribe to the shares in cash and at the same price, with shares acquired by specific investors subject to a six-month transfer restriction post-issuance [4] Group 3: Shareholder Structure and Control - As of the date of the fundraising prospectus, the controlling shareholder, Qian Penghe, holds 44,970,241 shares, representing 17.19% of the company, and controls a total of 23.78% of the voting rights [5] - Following the issuance, if the maximum number of shares is issued and the actual controller does not participate, the total share capital will increase from 261,657,654 shares to 287,823,419 shares, with Qian Penghe maintaining control of 21.62% of the voting rights [6]
移远通信不超23亿元定增获上交所通过 国联民生建功