SHGBIT(SH:603918) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-11-25 03:55Core Viewpoint - The company is planning to issue shares to specific investors, which will dilute immediate returns but includes measures to compensate for this dilution and ensure investor protection [1][4][12]. Financial Impact - The company analyzed the impact of the share issuance on key financial metrics, assuming a maximum issuance of 73,021,505 shares and a projected net profit for 2025 of -53.04 million yuan [1][2]. - Different scenarios for 2026 net profit were considered, including maintaining the 2025 level, a 10% reduction, and a 20% reduction [1][2]. Measures to Mitigate Dilution - The company will implement strict management of the raised funds, accelerate project implementation, and enhance governance to protect investor interests [9][10][11]. - A detailed profit distribution policy will be established to ensure consistent returns to shareholders, particularly focusing on cash dividends [12]. Project Relevance and Company Preparedness - The funds raised will enhance existing smart space solutions and expand into new technologies like cloud computing and AI, aligning with market demand and national policies [4][6]. - The company has a strong talent pool and technical expertise, with a focus on continuous training and development [6][7]. - A comprehensive market network has been established, with a diverse client base across various sectors, ensuring robust market support [8]. Commitments from Management - The controlling shareholder and management have made irrevocable commitments to uphold the measures for compensating immediate returns and to avoid actions that could harm the company's interests [13][14].