Core Points - The company, Guangdong RIFENG Cable Co., Ltd., is set to issue 34,690,799 shares at a price of 6.63 yuan per share, raising a total of approximately 229.99 million yuan, with a net amount of about 226.27 million yuan after deducting issuance costs [1][14][30]. Group 1: Issuance Details - The total number of shares to be issued is 34,690,799 [11]. - The issuance price is set at 6.63 yuan per share, which is 80% of the average trading price over the previous 20 trading days [13]. - The total funds raised will be approximately 229.99 million yuan, with net proceeds of about 226.27 million yuan after deducting issuance expenses [14][15]. Group 2: Lock-up Period and Shareholder Structure - The controlling shareholder, Feng Jiuqing, is subject to an 18-month lock-up period starting from the listing date of the new shares [16][30]. - The shareholding structure will remain compliant with the listing requirements of the Shenzhen Stock Exchange post-issuance [22][33]. Group 3: Regulatory Compliance - The issuance has been approved by the Shenzhen Stock Exchange and the China Securities Regulatory Commission, confirming compliance with relevant laws and regulations [8][47]. - The underwriting process and selection of the subscription object have been deemed fair and compliant by the sponsor, Dongguan Securities [26][27]. Group 4: Financial Impact - The issuance is expected to enhance the company's total assets and net assets, thereby reducing the debt-to-asset ratio and improving financial stability [34]. - The net proceeds from the issuance will be used to supplement working capital and repay bank loans, with no significant changes anticipated in the company's business structure [35].
广东日丰电缆股份有限公司向特定对象发行股票上市公告书