Core Viewpoint - The company plans to issue shares to specific investors, including its controlling shareholder, Juxing Group, as part of a fundraising effort totaling up to 227.066 million yuan, aimed at financing various projects and ensuring that the controlling stake remains unchanged [2][3][4]. Group 1: Share Issuance Details - The share issuance will involve no more than 35 specific investors, with Juxing Group being a related party and expected to subscribe for at least 5% of the total shares issued [2]. - The pricing for the share issuance is set at 80% of the average trading price over the 20 trading days prior to the pricing date [3]. - The total number of shares to be issued will not exceed 153,021,099 shares, ensuring that Juxing Group and its concerted actions do not exceed 30% of the total share capital post-issuance [4]. Group 2: Fund Utilization - The total amount raised will be allocated to several projects, including: - Construction of a boar station, with an investment of approximately 19.8371 million yuan [4]. - Establishment of a breeding technology research base, with an investment of approximately 29.3654 million yuan [4]. - Digital intelligence construction project, with a significant allocation of 170 million yuan [4]. - Supplementing working capital for the entity construction projects, amounting to approximately 7.8635 million yuan [4]. - The total investment for these projects is estimated at 315.7004 million yuan, with the fundraising amount capped at 227.066 million yuan [4]. Group 3: Control and Governance - Juxing Group currently holds 29.60% of the company's shares, and together with its concerted actions, they hold a total of 29.61% [4]. - The issuance is structured to ensure that the actual control of the company remains with Juxing Group and its actual controller, Tang Guangyue, preventing any changes in control post-issuance [4]. Group 4: Sponsorship - The underwriting institution for this issuance is Century Securities Co., Ltd., with representatives Zhang Hanpu and Ma Tao overseeing the process [5].
巨星农牧不超2.27亿元定增获上交所通过 世纪证券建功