Core Viewpoint - Zhejiang Fulai New Materials Co., Ltd. has received approval for its non-public stock issuance, aiming to raise up to RMB 710 million for various expansion and upgrade projects [1][3]. Group 1: Issuance Details - The company plans to issue shares to no more than 35 specific investors, including qualified institutional investors and individuals, under the regulations set by the China Securities Regulatory Commission and the Shanghai Stock Exchange [5]. - The total amount to be raised is capped at RMB 710 million, which will be allocated to projects including label printing material expansion, electronic-grade functional material upgrades, R&D center upgrades, and working capital supplementation [3][4]. - The issuance will not exceed 30% of the company's total share capital prior to the issuance, amounting to a maximum of 84,062,775 shares [6]. Group 2: Project Allocation - The funds will be distributed across several projects: - Label printing material expansion project: RMB 243.20 million - Electronic-grade functional material upgrade project: RMB 220.50 million - R&D center upgrade project: RMB 36.30 million - Working capital: RMB 210 million - Total project investment amounts to RMB 840.84 million, with the net raised funds being RMB 710 million [4]. Group 3: Control and Governance - The controlling shareholder, Xia Houjun, holds 49.02% of the company's shares and will remain the actual controller post-issuance, although their shareholding percentage will decrease [6]. - The lead underwriter for this issuance is Shenwan Hongyuan Securities Co., Ltd., with designated representatives overseeing the process [7].
福莱新材不超7.1亿定增获上交所通过 申万宏源建功