Zhong Guo Jing Ji Wang·2025-11-12 09:08Core Points - Meichang Co., Ltd. (300861.SZ) closed at 16.43 yuan, with a decline of 6.96% [1] - The company was listed on the Shenzhen Stock Exchange's ChiNext board on August 24, 2020, with an issuance of 40,010,000 shares at a price of 43.76 yuan per share [1] - Currently, the stock is in a state of breaking issue [1] Fundraising and Financials - The total amount raised from the initial public offering (IPO) was 1,750,837,600.00 yuan, with a net amount of 1,647,534,161.91 yuan after deducting issuance costs [1] - The final net fundraising amount was 688.4658 million yuan less than the original plan [1] - The company intended to use the funds for the construction of Meichang Industrial Park, R&D center, high-efficiency diamond wire project, and to supplement working capital [1] Issuance Costs and Dividends - The total issuance costs amounted to 103,303,438.09 yuan, with underwriting and sponsorship fees of 72,309,592.88 yuan [2] - In 2021, the company announced a profit distribution plan, distributing 10.00 yuan in cash for every 10 shares and a capital reserve conversion of 2.00 shares for every 10 shares [2] - A future dividend plan for 2025 was announced, proposing a distribution of 4 shares and a cash dividend of 5 yuan (pre-tax) for every 10 shares [2]