Core Viewpoint - The company Huayuan Communication (汇源通信) has announced a plan to issue A-shares to specific investors, aiming to raise up to 610 million yuan for working capital, which has led to a significant drop in its stock price following the announcement [1][2]. Group 1: Issuance Details - The planned issuance will involve a total fundraising amount not exceeding 61 million yuan, with the net proceeds intended solely for supplementing working capital [1]. - The shares will be issued at a price of 11.37 yuan per share, which is set at 80% of the average trading price over the previous 20 trading days [3]. - The maximum number of shares to be issued is 53,649,956, which does not exceed 30% of the company's total share capital prior to the issuance [3]. Group 2: Shareholder Changes - The sole subscriber for this issuance is Dingyun Industry, a limited partnership controlled by the company's chairman, Li Hongxing, which will result in Dingyun Industry becoming the controlling shareholder of the company [4]. - Following the issuance, Dingyun Industry will hold 53,649,956 shares, representing 21.71% of the total share capital post-issuance, while its associated entity, Dingyun Technology, will hold 27,273,330 shares, accounting for 11.04% [6]. - The combined holdings of Dingyun Industry and Dingyun Technology will total 80,923,286 shares, or 32.75% of the total share capital after the issuance, marking a change in the company's control structure [6][7]. Group 3: Governance and Management - The company held a temporary shareholders' meeting on November 17, 2025, to elect members of the 13th Board of Directors, with Li Hongxing being appointed as the chairman [8]. - Dingyun Technology and Dingyun Industry have signed a "consistency action agreement" to ensure coordinated voting in shareholder meetings for 18 months following the issuance [5].
汇源通信复牌跌停 董事长包揽不超6.1亿定增成实控人