湘潭电机股份有限公司关于向特定对象发行股票结果暨股本变动公告

Summary of Key Points Core Viewpoint The announcement details the results of Xiangtan Electric Machine Co., Ltd.'s (hereinafter referred to as "the Company") issuance of A-shares to specific investors, highlighting the total funds raised, the number of shares issued, and the implications for existing shareholders. Group 1: Issuance Details - The total amount raised from the issuance is CNY 1,999,999,988.70, with net proceeds after expenses amounting to CNY 1,979,294,567.97 [2][10][16] - A total of 150,375,939 shares were issued at a price of CNY 13.30 per share [7][17] - The shares issued are subject to a six-month lock-up period for the investors [3][11] Group 2: Regulatory Compliance - The issuance process followed necessary internal decision-making procedures, including approvals from the board and shareholders [5][8] - The Company received approval from the China Securities Regulatory Commission (CSRC) for the issuance on August 20, 2025 [8][43] - The issuance was conducted in compliance with relevant laws and regulations, ensuring fairness and transparency in the process [20][21] Group 3: Shareholder Impact - The issuance resulted in a dilution of shareholding for existing shareholders, with the controlling shareholder's stake decreasing from 30.70% to 27.57% [41][42] - The issuance does not trigger a mandatory tender offer and does not change the control of the Company [42][44] Group 4: Financial Implications - The funds raised will enhance the Company's total assets and net assets, while the debt level remains unchanged, leading to a decrease in the debt-to-asset ratio [34] - The investment projects funded by the issuance are expected to significantly boost the Company's revenue and net profit, enhancing future profitability [34] Group 5: Future Governance - The Company's governance structure remains stable, with no changes to the board or senior management anticipated as a result of the issuance [35][36] - The Company will continue to adhere to its governance principles and ensure compliance with relevant regulations in future transactions [37][38]