Xiantong Stock(SH:603239) Zhong Guo Jing Ji Wang·2026-01-07 02:43Core Viewpoint - Zhejiang Xiantong plans to issue A-shares to specific investors, including its controlling shareholder, Taizhou Wucheng, with a maximum fundraising amount of 1.05 billion yuan for various projects and working capital [1][2]. Fundraising and Projects - The total amount raised from the issuance will not exceed 105 million yuan, with net proceeds allocated to the following projects: - Intelligent manufacturing project for automotive frameless sealing strips: total investment of 853.14 million yuan, with 705 million yuan from the issuance - R&D center upgrade project: total investment of 148.22 million yuan, with 95 million yuan from the issuance - Supplementing working capital: total investment of 250 million yuan, with the entire amount from the issuance [2][3]. Shareholding Structure - As of the announcement date, Taizhou Wucheng holds 80,363,400 shares, accounting for 29.69% of the total share capital of 270,720,000 shares, maintaining its status as the controlling shareholder [3][4]. - The issuance will not change the control of the company, as Taizhou Wucheng will continue to hold at least 24.62% of the shares post-issuance [1][3]. Financial Performance - For the third quarter of 2025, the company reported revenue of 353 million yuan, a year-on-year increase of 22.98%, and a net profit attributable to shareholders of 44.64 million yuan, up 18.12% [4]. - Year-to-date revenue reached 1.02 billion yuan, reflecting a 21.74% increase, with a net profit of 151.67 million yuan, a growth of 17.40% [4].