Zhongzhuang Construction(SZ:002822) Sou Hu Cai Jing·2025-12-23 20:55Core Viewpoint - Shenzhen Zhongzhuang Construction Group Co., Ltd. has received approval for its restructuring plan, which includes a capital reserve conversion to increase its share capital significantly, aimed at attracting investors and settling debts [1][2][3]. Trading Information Summary - As of December 23, 2025, *ST Zhongzhuang's stock closed at 3.89 yuan, up 0.78%, with a turnover rate of 1.8%, trading volume of 145,100 shares, and a transaction value of 56.54 million yuan [1]. - On the same day, the net outflow of main funds was 1.49 million yuan, while retail funds saw a net inflow of 1.51 million yuan [1]. Company Announcement Summary - The company will implement a capital reserve conversion to increase its share capital by approximately 989,864,007 shares, resulting in a total share capital of 1,950,000,000 shares, with no distribution to existing shareholders [2][3]. - The shares will be used to attract restructuring investors and to settle debts, with the share registration date set for December 29, 2025, and the listing date for the new shares on December 30, 2025 [2][3]. - The total amount received from all restructuring investors is 1,337,236,413.40 yuan, with the subscription price for the new shares set between 1.749 yuan and 1.850 yuan per share [3]. Risk and Price Adjustment Information - The company has indicated that the stock price will undergo a downward adjustment due to the capital reserve conversion, which is part of the restructuring plan [4][5]. - The stock has been subject to delisting risk warnings, and investors are advised to be aware of the potential risks associated with the stock price adjustment [5].