Beijing United Information Technology (SH:603613) Zheng Quan Shi Bao Wang·2025-12-30 12:39Core Viewpoint - Guolian Co., Ltd. (国联股份) announced a B1 round of financing for its subsidiary, Tuduo E-commerce Co., Ltd. (涂多多), with a pre-investment valuation of 15.8 billion yuan, aiming to strengthen strategic implementation and optimize its capital structure [1][2]. Group 1: Financing Details - Tuduo's existing shareholders will waive their preemptive rights in this financing round [1]. - The total investment includes 150 million yuan from various investors, with specific contributions of 15 million yuan from Dongchuang Youpao and 10 million yuan from Shanghai Shanda [1]. - After the first phase of financing, Tuduo's registered capital will increase to 31.9 million yuan, and Guolian's stake will decrease from 75.925% to 75.59% [2]. Group 2: Business Overview - Tuduo, established in 2014, focuses on B2B e-commerce services, digital supply chain services, and industrial digitalization across various sectors, including coatings, titanium, solvents, resins, lubricants, carbon black, packaging, and healthcare [2]. - For the fiscal year 2024, Tuduo is projected to generate revenues of 25.52 billion yuan and a net profit of 1.068 billion yuan, with year-to-date revenues of 22.133 billion yuan and a net profit of 871 million yuan for the first three quarters [2]. Group 3: Use of Proceeds - The funds raised will be used to optimize Tuduo's asset-liability structure, reserve operating capital, and enhance its industrial e-commerce scale and influence [3]. - The financing is expected to support the construction of Tuduo's digital supply chain and cloud factory, contributing to a second growth curve [3]. - Guolian aims to facilitate the exit for investors through a directed share issuance after a specified period, although this does not constitute a binding commitment [3].