赛恩斯：拟发5.65亿可转债 前次IPO募投项目效益未达标

Core Viewpoint - Company Sains (688480.SH) plans to issue convertible bonds to raise up to 565 million yuan, with funds allocated to three main projects, including expansion of reagent production and working capital supplementation [1] Fundraising and Project Allocation - The company intends to raise a total of 565 million yuan, with 160 million yuan allocated for the expansion of reagent production, 325 million yuan for a project to produce 100,000 tons of efficient flotation reagents annually, and 80 million yuan for working capital [1] Previous Fund Utilization - The previous fundraising for the construction of an environmental equipment production base did not meet expectations, with cumulative benefits of 15.79 million yuan by September 30, 2025, falling short of promised benefits due to market changes and seasonal factors [1] Financial Performance - For the first three quarters of 2025, the company reported revenue of 677 million yuan, a year-on-year increase of 15.81%, while net profit attributable to shareholders decreased by 48.32% to 74 million yuan [1] - As of September 30, 2025, the company had total assets of 1.94 billion yuan, a debt-to-asset ratio of 41.57%, and a current ratio of 1.71 [1]