WANTONG TECH(SZ:002331) Zhong Guo Jing Ji Wang·2025-11-19 08:01Core Viewpoint - Anhui Tong Technology (002331.SZ) announced a plan to issue shares to specific investors, aiming to raise up to 920.27 million yuan, which will be used entirely to supplement working capital [1][2]. Group 1: Share Issuance Details - The total amount to be raised from the issuance is capped at 920.27 million yuan, including issuance costs, and will be used for working capital [1]. - The shares will be issued as domestic listed ordinary shares (A-shares) with a par value of 1.00 yuan per share [1]. - The issuance will be conducted through a private placement, subject to approval from the Shenzhen Stock Exchange and the China Securities Regulatory Commission [1]. Group 2: Investors and Pricing - The issuance targets specific investors, namely Tibet Tengyun and Jingyuan Huizhi, who will subscribe to the shares in cash [2]. - The pricing benchmark date is set as the announcement date of the board resolution, with the issue price at 7.16 yuan per share, which is not less than 80% of the average trading price over the previous 20 trading days [2]. Group 3: Share Structure and Control - The number of shares to be issued will not exceed 128,529,524 shares, representing no more than 30% of the total shares before the issuance [3]. - If the issuance results in the actual controller, Huang Tao, holding more than 30% of the voting rights, the shares subscribed by the specific investors will be subject to a 36-month lock-up period [3]. - As of the announcement date, the total share capital of the company is 428,431,749 shares, with Huang Tao indirectly holding 21.01% of the shares [4]. Group 4: Financial Performance - For the first three quarters of the year, Anhui Tong Technology reported a revenue of 601.43 million yuan, a year-on-year increase of 23.05% [4]. - The net profit attributable to shareholders was -58.72 million yuan, a decrease of 204.02% year-on-year [4]. - The net cash flow from operating activities was -240.88 million yuan, reflecting an 82.20% decrease compared to the previous year [4][5].