Sirui(SH:688102) Chang Jiang Shang Bao·2025-10-10 01:37Core Viewpoint - Srey New Materials (688102.SH) has successfully completed its first private placement after going public, raising approximately 600 million yuan to enhance its financial strength and production capacity in the rapidly developing electronic power and aerospace industries [2][3][5]. Group 1: Fundraising Details - The company issued 41.72 million shares at a price of 14.38 yuan per share, raising a total of 600 million yuan, with a net amount of approximately 590 million yuan after deducting related expenses [2][3]. - The private placement involved 16 specific investors, including 8 individual investors, with the largest single subscription from Zhang Liang, who acquired 6.95 million shares for about 100 million yuan [3][4]. Group 2: Financial Performance - In the first half of 2025, Srey New Materials reported revenue of 772 million yuan, a year-on-year increase of 23.74%, and a net profit of 74.73 million yuan, up 33.61% [2][5][6]. - The company has achieved continuous performance growth since its IPO in 2022, with a cumulative profit distribution of 167 million yuan over three and a half years [4][5]. Group 3: Project Investments - The raised funds will be allocated to the construction of the Srey New Materials Technology Industrial Park and the industrialization of liquid rocket engine thrust chamber materials and components, with a total investment of 230 million yuan for the latter project [5][6]. - The medical imaging equipment project has a total investment of 400 million yuan, with an expected annual revenue of 507 million yuan upon reaching full production [6][7]. Group 4: Market Performance - As of October 9, 2025, Srey New Materials' stock price was 18.25 yuan per share, reflecting a 4.05% increase on that day and a cumulative increase of 106.9% since the beginning of the year [2][5].