MINDEO(SZ:300656) Zhong Guo Jing Ji Wang·2026-02-27 02:48Core Viewpoint - MinDe Electronics (300656.SZ) plans to issue A-shares to specific investors, aiming to raise up to 1 billion yuan for semiconductor projects and working capital [1][2]. Group 1: Issuance Details - The issuance will target no more than 35 specific investors, including fund management companies, securities firms, and qualified foreign institutional investors [1]. - The pricing for the shares will be set at no less than 80% of the average trading price over the 20 trading days prior to the issuance [1][2]. - The total number of shares to be issued will not exceed 30% of the company's total share capital before the issuance, amounting to a maximum of 51,337,521 shares [2]. Group 2: Fund Utilization - The total amount to be raised is capped at 100 million yuan, which will be allocated to two main projects: 1. High-voltage power semiconductor devices and power integrated circuit wafer foundry project (70 million yuan) 2. Working capital project (30 million yuan) [2][3]. Group 3: Shareholder Information - As of the date of the proposal, the controlling shareholders, Xu Xiangcan and Xu Wenhui, hold a combined 23.36% of the company's shares. Post-issuance, their stake will reduce to 17.97%, maintaining their status as controlling shareholders [3]. - The company has previously issued shares, raising approximately 499.99 million yuan in 2025, with a share price of 45.48 yuan [4]. Group 4: Financial Performance - For 2025, the company forecasts a net loss attributable to shareholders between 70 million and 130 million yuan, compared to a loss of 113.92 million yuan in the previous year [9][10]. - In 2024, the company reported revenue of 409 million yuan, a year-on-year increase of 2.49%, but incurred a net loss of 114 million yuan [10].