Zhong Guo Jing Ji Wang·2025-11-04 08:33Core Points - The stock of Suochen Technology (688507.SH) closed at 97.02 yuan, with a decline of 7.34%, resulting in a total market capitalization of 8.645 billion yuan [1] - The company is currently in a state of share price decline since its IPO on April 18, 2023, where it issued 10.3334 million shares at an initial price of 245.56 yuan per share [1] - The total funds raised from the IPO amounted to 253.74697 million yuan, with a net amount of 231.57491 million yuan, exceeding the original plan by 134.68455 million yuan [1] Fund Utilization - The funds raised are intended for several projects, including the construction of a research and development center, an industrial simulation cloud project, the construction of 260 DEMX underwater noise testing instruments, marketing network development, and to supplement working capital [1] Financial Distribution - In the 2022 annual profit distribution, the company announced a cash dividend of 0.15 yuan per share and a capital reserve increase of 0.48 shares for every share held, resulting in a total distribution of 6.20001 million yuan in cash and an increase of 19.840032 million shares [2] - For the 2023 annual profit distribution, the company plans to distribute a cash dividend of 3.80 yuan for every 10 shares and a capital reserve increase of 4.60 shares for every 10 shares, with the record date set for June 18, 2024 [2]