CMSK(SZ:001979) Xin Lang Cai Jing·2025-10-02 01:17Core Viewpoint - China Merchants Shekou (001969.SZ) plans to issue up to 82 million preferred shares to raise a maximum of 8.2 billion yuan for business development, focusing on real estate projects in key cities [1] Group 1: Issuance Details - The preferred shares will have a fixed dividend rate with a single jump interest arrangement, be cumulative, non-redeemable, and non-convertible [1] - The issuance will target no more than 200 qualified investors and will not prioritize existing shareholders [1] - The issuance method will be through underwriting, with the first issuance expected within six months after obtaining approval from the China Securities Regulatory Commission [1] Group 2: Fund Utilization - The raised funds will primarily support the "guarantee delivery of buildings and livelihood" real estate projects, including 11 projects such as Guangzhou Linyu Courtyard and Shenzhen Exhibition Bay projects [1] - The total investment for these projects amounts to 45.67 billion yuan, aligning with the company's business direction and national industrial policy [1] - These projects are expected to generate stable returns for the company [1] Group 3: Underwriters' Holdings - As of September 23, the joint underwriters, CITIC Securities and China Merchants Securities, hold shares in the company [2] - CITIC Securities holds a total of 1,066,857 shares, representing 0.01% of the company [2] - China Merchants Securities and its subsidiaries collectively hold approximately 4,634,372 shares of China Merchants Shekou [2]