Core Viewpoint - The company Zhongyida (600610) has terminated its plan for a private placement of A-shares aimed at supplementing cash flow, citing changes in the capital market and related policies as reasons for the decision [1][3]. Group 1: Financial Situation - The company disclosed a funding gap of 794 million yuan as of the latest report [1][2]. - The original plan was to raise up to 210 million yuan by issuing no more than 68.4 million shares at a price of 3.07 yuan per share to its controlling shareholder and related parties [1]. - The funds were intended to alleviate debt pressure, reduce the debt-to-asset ratio, optimize the capital structure, and improve financial capabilities [1]. Group 2: Regulatory Challenges - The Shanghai Stock Exchange raised comprehensive inquiries regarding the legality, operational status, and financial health of the company, which contributed to the delay in the private placement [2]. - Specific questions included the necessity and reasonableness of the fundraising scale, compliance with environmental and safety regulations, and potential risks of declining revenue and net profit [2]. Group 3: Operational Impact - The company stated that the termination of the private placement will not significantly adversely affect its normal business operations and will not harm the interests of the company and its shareholders [3].
推进超一年 中毅达放弃定增计划