Zhong Guo Jing Ji Wang·2025-10-29 07:53Financial Performance - In the first three quarters of 2025, the company achieved operating revenue of 3.009 billion yuan, a year-on-year increase of 16.32% [1] - The net profit attributable to shareholders was 253 million yuan, a year-on-year decrease of 38.47% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 250 million yuan, a year-on-year decrease of 33.23% [1] - The net cash flow from operating activities was 791 million yuan, a year-on-year increase of 2.84% [1] - In the third quarter of 2025, the company achieved operating revenue of 1.209 billion yuan, a year-on-year increase of 34.27% [1] - The net profit attributable to shareholders in Q3 was 166 million yuan, a year-on-year decrease of 1.49% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses in Q3 was 164 million yuan, a year-on-year decrease of 2.52% [1] Capital Raising and Stock Issuance - The company plans to issue up to 30 million shares at a price of 7.00 yuan per share, raising a total of no more than 210 million yuan, with net proceeds to be used for dry bulk carrier acquisition projects [2] - The investors in this issuance are related parties controlled by the company's actual controller [2] - The company was listed on the Shanghai Stock Exchange on March 29, 2023, with an initial issuance of 41,276,015 shares at a price of 37.25 yuan per share [2] Initial Public Offering (IPO) Details - On the first day of trading, the stock reached a peak price of 38.99 yuan, which is the highest price since its listing [3] - The total amount raised from the IPO was 1.537 billion yuan, with net proceeds of 1.428 billion yuan [3] - The funds raised are intended for the acquisition of ultra-flexible bulk carriers, information system upgrades, and working capital [3] Dividend Distribution - The company plans to distribute a cash dividend of 0.15 yuan per share (including tax) for the fiscal year 2023, totaling approximately 92.22 million yuan [3] - The cash dividend payout ratio for the year is 49.84% [3] - The company also plans to increase its capital stock by 4.80 shares for every 10 shares held, resulting in a total share capital of approximately 909.89 million shares after the increase [3]