Core Viewpoint - The company, Xiashaxing Precision (001306.SZ), has announced a plan to issue A-shares to specific investors in 2025, aiming to raise up to RMB 80 million for various projects and working capital [1][2]. Group 1: Share Issuance Details - The share issuance will target no more than 35 specific investors, including legal entities and qualified foreign institutional investors, with a cash subscription requirement [1]. - The issuance will adopt a competitive pricing method, with the price set at no less than 80% of the average stock price over the 20 trading days prior to the pricing date [1]. - A total of up to 18,855,180 shares will be issued, representing no more than 30% of the company's total share capital before the issuance [1]. Group 2: Fund Utilization - The total amount raised from the issuance will not exceed RMB 80 million, which will be allocated to the following projects: - Core components industrialization project for intelligent transmission systems: RMB 54 million - Equipment development and industrialization project: RMB 8 million - Technology research and application center construction project: RMB 6 million - Supplementing working capital and repaying debts: RMB 12 million [2][3]. Group 3: Shareholder Structure - As of the announcement date, the controlling shareholder is Ningbo Xiashaxing Investment Holding Co., Ltd., with actual controllers holding 73.98% of the shares. The issuance will not change the control of the company [4]. - The company plans to list publicly on the Shenzhen Stock Exchange on November 16, 2023, with an initial public offering of 15,500,000 shares at a price of RMB 53.63 per share [4]. Group 4: Financial Performance - For the third quarter of 2023, the company reported revenue of RMB 201 million, a year-on-year increase of 14.68%, while net profit attributable to shareholders decreased by 61.78% to RMB 4.72 million [5][7]. - Year-to-date revenue reached RMB 575 million, up 24.66%, but net profit attributable to shareholders fell by 47.02% to RMB 25.29 million [5][7]. - The company reported a net cash flow from operating activities of -RMB 27.09 million [6].
夏厦精密拟定增募不超8亿 净利连降3年2023上市募8亿