Headman(SH:688577) Zhong Guo Jing Ji Wang·2026-01-27 03:33Core Viewpoint - Zhejiang Haideman (688577.SH) plans to raise a maximum of 1.517 billion yuan through a private placement of shares, with proceeds allocated to high-end composite machine tool industrialization, high-end precision machine tool and robot hardware manufacturing R&D, and working capital supplementation [1][3]. Fundraising Details - The total amount to be raised is 151,700,000 yuan, with the net proceeds after deducting related issuance costs to be fully utilized for the following projects: - High-end composite machine tool industrialization project: 91,739,950 yuan - High-end precision machine tool and robot hardware manufacturing R&D project: 24,960,050 yuan - Supplementing working capital: 35,000,000 yuan [2]. Share Issuance Information - The number of shares to be issued will not exceed 30% of the company's total share capital prior to the issuance, amounting to a maximum of 33,383,918 shares [3]. - The pricing for the shares will be based on 80% of the average stock price over the 20 trading days prior to the pricing date [3]. Shareholder Structure - As of the announcement date, the controlling shareholders are Gao Changquan, Guo Xiuhua, and Gao Zhaochun, holding a combined 60.93% of the shares [4]. - The issuance will not change the control of the company, as the actual controllers will still maintain their majority stake post-issuance [4]. Historical Fundraising - Zhejiang Haideman previously raised 447 million yuan, with a net amount of 382 million yuan after costs, exceeding the original plan by 60.82 million yuan [5]. - The company has conducted two rounds of fundraising totaling 585 million yuan [7]. Financial Performance - The company has experienced a decline in net profit and net profit excluding non-recurring gains and losses for three consecutive years, with revenues of 5.41 billion yuan, 6.31 billion yuan, 6.64 billion yuan, 7.65 billion yuan, and 6.08 billion yuan from 2021 to the first three quarters of 2025 [7]. - The net profit attributable to shareholders was 73 million yuan in 2021, dropping to 31 million yuan in the first three quarters of 2025 [7].