HXG(SH:603112) Zhong Guo Jing Ji Wang·2026-01-16 08:02Core Viewpoint - The company, Huaxiang Co., Ltd. (603112.SH), announced a significant change in the equity holdings of its controlling shareholder, Huaxiang Industrial Co., Ltd., which reduced its stake from 55.00% to 53.01% through a share reduction of 10,722,374 shares, amounting to approximately 210 million yuan [1] Group 1: Shareholder Equity Changes - Huaxiang Industrial reduced its holdings between January 14 and January 15, 2026, impacting the company's ownership structure [1] - The weighted average price of Huaxiang shares during this period was 19.564 yuan [1] - The reduction in shareholding triggered a notification as it crossed the 1% threshold [1] Group 2: Fundraising Activities - Huaxiang Co., Ltd. was listed on the Shanghai Stock Exchange on September 17, 2020, with an initial public offering price of 7.82 yuan per share, raising a total of 416 million yuan [1] - The company faced a shortfall of approximately 49.85 million yuan compared to its planned fundraising target of 466 million yuan [1] - The total issuance costs for the company amounted to 51.5142 million yuan, with underwriting and sponsorship fees of 33.0189 million yuan [2] Group 3: Recent Financing Initiatives - The company issued 26,649,746 shares at an issue price of 7.88 yuan, raising a total of 210 million yuan, with net proceeds of approximately 207.42 million yuan after deducting fees [3] - A proposed issuance of convertible bonds aims to raise up to 1.30752 billion yuan, intended for enhancing core component capacity, extending the industrial chain, and supplementing working capital [3]