“补血”60亿元,中泰证券定增计划获证监会核准

Core Viewpoint - Zhongtai Securities has received approval from the China Securities Regulatory Commission (CSRC) for a targeted stock issuance, allowing the company to issue shares to specific investors as per the submitted plan to the Shanghai Stock Exchange [2][4]. Group 1: Issuance Details - The targeted issuance is set to raise up to 6 billion yuan, with the number of shares not exceeding 30% of the company's total share capital prior to the issuance, amounting to a maximum of 2.091 billion shares [6][7]. - The controlling shareholder, Zao Mining Group, is expected to subscribe for 36.09% of the new shares, with a maximum investment of 2.166 billion yuan [6][7]. - The issuance plan was initially proposed in 2023 and has undergone several updates, with the latest revision of the fundraising prospectus released on July 15, 2023 [6][8]. Group 2: Fund Utilization - The raised funds will be allocated across six major business areas, including information technology, compliance risk control, wealth management, investment trading, alternative investments, and market-making activities [7][10]. - Specific allocations include up to 500 million yuan for wealth management, 1 billion yuan for alternative investments, and 1.5 billion yuan for compliance risk control and debt repayment [7][10]. Group 3: Background and Rationale - The targeted issuance is part of a broader trend among securities firms, with several companies accelerating their capital-raising efforts this year [4]. - Zhongtai Securities has not engaged in equity refinancing since its listing in 2020, leading to a relatively high debt level and a capital shortfall, which this issuance aims to address [10][11]. - The company has conducted thorough feasibility analyses and determined that the timing and scale of the financing are aligned with regulatory support for capital replenishment in the securities industry [9][10].