QuakeSafe Technology(SZ:300767) Zhong Guo Jing Ji Wang·2026-02-11 02:14Core Viewpoint - Zhenan Technology (300767.SZ) has announced a plan to issue shares to specific investors, which constitutes a related party transaction, aimed at enhancing control by its actual controllers, Ning Huaxiang and Zhou Jianqi [1][3]. Group 1: Share Issuance Details - The share issuance will involve a maximum of 46,416,652 shares, representing no more than 30% of the company's total shares prior to the issuance [3]. - The issuance price is set at 15.96 RMB per share, which is at least 80% of the average trading price over the previous 20 trading days [2][3]. - The total funds raised from this issuance are expected to be no more than 740.81 million RMB, which will be used for working capital and repaying bank loans [3]. Group 2: Control and Ownership Changes - Following the issuance, Ning Huaxiang and Zhou Jianqi will increase their direct and indirect control of the company to 29.90%, maintaining their status as the joint actual controllers [3]. - The actual control of the company shifted from Li Tao to Ning Huaxiang and Zhou Jianqi after a share transfer agreement was executed in June 2025 [2]. Group 3: Financial Performance - For the year 2024, the company reported an expected net loss of 103.16 million to 134.11 million RMB, with a significant decline in revenue of 39.90% compared to the previous year [9][11]. - The operating cash flow for 2024 was 96.12 million RMB, reflecting a year-on-year increase of 23.43% [11].