Zhongtai Securities(SH:600918) Zhong Zheng Wang·2025-11-26 02:34Core Viewpoint - Zhongtai Securities successfully completed a private placement of A-shares, raising a total of 6 billion yuan, marking its first equity refinancing since its IPO in June 2020, indicating a new phase in capital replenishment and business development [1][2] Group 1: Fundraising Details - The actual net amount raised after deducting issuance costs is 5.919 billion yuan [1] - The issuance price was set at 6.02 yuan per share, with 15 investors participating, including the largest shareholder, Zaozhuang Mining Group, which subscribed for approximately 360 million shares for 2.165 billion yuan [1] - Other investors included public funds, securities asset management, local state-owned assets, private equity, and individual investors, with a six-month lock-up period for most [1] Group 2: Shareholding Structure - The shareholding structure of Zhongtai Securities has been further optimized, with the largest shareholder's stake increasing from 32.84% to 33.25% [2] - Other significant shareholders, such as Shandong Lixin Investment Holding Group and Shandong State-owned Assets Investment Holding Co., saw their holdings rise to 4.10% and 2.16%, respectively [2] - The announcement confirmed that the control structure remains unchanged, with Zaozhuang Mining Group as the controlling shareholder and the Shandong State-owned Assets Supervision and Administration Commission as the actual controller [2] Group 3: Use of Proceeds - The net proceeds of 5.919 billion yuan will be used to increase the company's capital, focusing on alternative investments, bond investments, market making, and wealth management [2] - This capital arrangement aims to optimize the business and revenue structure, cultivate new profit growth points, enhance core competitiveness, and improve risk resistance and profitability [2] Group 4: Future Outlook - Zhongtai Securities plans to leverage this capital replenishment as an opportunity to enhance its political and social responsibilities in financial work [2] - The company aims to excel in key areas such as functional performance, business transformation, and innovative development, while expanding its scale and strength [2] - The goal is to contribute significantly to the high-quality development of the economy and society as a leading securities firm in Shandong [2]