HYM(SZ:002529) Xin Lang Zheng Quan·2025-12-19 12:24Core Viewpoint - Jiangxi Haiyuan Composite Materials Technology Co., Ltd. (referred to as "Haiyuan Composite" or "the company") announced on December 20, 2025, that it plans to issue shares to specific investors, with commitments from the subscribing entity Chuzhou Ziran Energy Technology Co., Ltd. and its controlling shareholder Xinyu Jin Zixin Enterprise Management Center (Limited Partnership) to stabilize market expectations [1][2]. Group 1: Issuance Background - Haiyuan Composite intends to raise funds through a specific share issuance, with Chuzhou Ziran as the subscribing entity. Chuzhou Ziran is the executing partner of the controlling shareholder Jin Zixin, indicating a concerted action relationship between the two [2]. Group 2: Commitment Core Content - The commitments from Chuzhou Ziran and Jin Zixin include three main aspects: 1. No share reduction by either party within six months prior to the pricing benchmark date of the issuance 2. No share reduction from the pricing benchmark date until six months after the issuance completion, with no reduction plans in place 3. Any proceeds from a breach of these commitments will be fully returned to Haiyuan Composite, reinforcing the commitment's binding nature [3]. Group 3: Market Significance - The simultaneous issuance of non-reduction commitments by the subscribing entity and the controlling shareholder is interpreted by the market as a vote of confidence in the company's issuance and long-term development. This proactive share locking and reduction limitation helps alleviate market concerns regarding increased share supply, stabilizing stock price expectations and creating a favorable environment for the successful implementation of the issuance [4].