SONGFA(SH:603268) Zhong Guo Jing Ji Wang·2026-01-15 03:28Core Viewpoint - *ST Songfa (603268.SH) has disclosed a plan to issue A-shares to specific investors, aiming to raise no more than 700 million yuan for various green shipbuilding projects, including integrated high-end ship manufacturing and upgrades to supporting facilities [1][2]. Group 1: Fundraising and Investment Projects - The total amount to be raised through the issuance of A-shares is capped at 700 million yuan, which will be allocated to projects such as the green intelligent high-end ship manufacturing integrated project and upgrades for supporting facilities at Henglai Shipbuilding (Dalian) Co., Ltd [1][2]. - The detailed allocation of the raised funds includes 500 million yuan for the green intelligent high-end ship manufacturing integrated project, 150 million yuan for the upgrade of supporting facilities, and 50 million yuan for the green high-end ship manufacturing project [2]. Group 2: Issuance Details - The pricing benchmark for the share issuance will be set on the first day of the issuance period, with the issue price not lower than 80% of the average trading price of the company's shares over the 20 trading days prior to the pricing benchmark [2][3]. - The number of shares to be issued will not exceed 30% of the total share capital before the issuance, amounting to a maximum of 291,233,490 shares [3]. Group 3: Shareholder Structure and Control - As of the announcement date, the controlling shareholder, Zhongkun Investment, holds 34,351,300 shares, accounting for 35.39% of the total share capital before the issuance [3]. - After the issuance, the proportion of shares controlled by the actual controller, Chen Jianhua and his spouse, will decrease but they will remain the actual controllers of the company [3]. Group 4: Previous Fundraising and Financial Performance - The previous fundraising report indicates that the company issued 109,080,992 shares at a price of 36.67 yuan per share, raising approximately 4 billion yuan, with a net amount of about 3.93 billion yuan after deducting issuance costs [4]. - The financial performance shows a trend of net losses in recent years, with net profits of -3.09 billion yuan in 2021, -1.71 billion yuan in 2022, and a recovery to 1.27 billion yuan in the first three quarters of 2025 [6].