MTL(SH:600683) Zhong Guo Jing Ji Wang·2025-12-30 07:24Core Viewpoint - The company, Jingtou Development (600683.SH), has decided to terminate its plan for a specific issuance of A-shares for the year 2024, citing thorough communication and analysis among the board and management, ensuring no significant impact on normal operations or shareholder interests [1]. Group 1 - The company announced the termination of the 2024 A-share issuance plan after actively promoting the initiative since its announcement [1]. - The decision was made in accordance with relevant laws and regulations, including the Company Law and Securities Law of the People's Republic of China [1]. - The company reassured that its current business activities are operating normally and that the termination will not harm the interests of shareholders, particularly minority shareholders [1]. Group 2 - The planned fundraising amount from the specific issuance was 594.6432 million yuan, intended for supplementing working capital and repaying interest-bearing debts [2]. - The issuance price was set at 4.47 yuan per share, which is not lower than 80% of the average trading price over the 20 trading days prior to the announcement [2]. - The total number of shares to be issued was 133,029,803, representing no more than 30% of the company's total share capital before the issuance [3]. Group 3 - The company reported net profits attributable to shareholders of the listed company for the years 2023, 2024, and the first nine months of 2025 as -659 million yuan, -1.055 billion yuan, and -374 million yuan, respectively [3].