Core Viewpoint - Youfa Group has decided to terminate the issuance of A-shares to specific targets due to the expiration of the authorization period and considerations of market conditions and company strategy [1][2]. Group 1: Termination of A-share Issuance - The company held a temporary shareholders' meeting on November 30, 2024, where it approved the proposal for the issuance of A-shares to specific targets and authorized the board to handle the matter [1]. - The authorization for the issuance was valid for twelve months, and the board decided not to apply for an extension, thus terminating the issuance [1]. - The decision to terminate was made after careful analysis of the current market environment and the company's development strategy [1]. Group 2: Previous Issuance Plans - The planned issuance aimed to raise up to 1 billion yuan (100,000 million yuan) for working capital and repayment of bank loans, with a proposed price of 4.64 yuan per share [2]. - The issuance was to involve up to 215,517,241 shares, with the targets being major shareholders and actual controllers of the company [2]. - As of September 30, 2024, the total number of shares was 1,430,149,141, with major shareholders holding 52.11% of the total shares [2]. Group 3: Pledge and Guarantee Information - The company announced plans to pledge its own assets, with a book value of 817.05 million yuan, representing 37.24% of the latest audited net assets [3]. - The total balance of guarantees provided by the company and its subsidiaries was 4.597 billion yuan, accounting for 58.56% of the latest audited net assets [3]. - All guarantees were internal, with no guarantees provided for major shareholders or external entities [3]. Group 4: Historical Financial Data - Youfa Group's initial public offering raised a total of 1.826 billion yuan, with a net amount of 1.7 billion yuan after deducting issuance costs [4]. - The company also issued convertible bonds in 2022, raising a total of 2.038 billion yuan after costs [4][5]. - The combined funds raised from the IPO and convertible bonds amounted to 3.826 billion yuan [5].
破发股友发集团终止向实控人定增 上市5年共募38亿元