智通财经APP讯，天原股份(002386.SZ)发布2026年度向特定对象发行股票预案，本次向特定对象发行股 票的发行对象为公司控股股东宜宾发展，宜宾发展以现金方式认购公司本次发行的股票。发行股票的价 格为4.98元/股。本次向特定对象发行股票募集资金总额为不超过7亿元(含本数)，在扣除相关发行费用 后，拟用于偿还银行贷款并补充流动资金。 ...

格隆汇1月15日丨天晟新材(300169.SZ)公布，拟向特定对象发行股票募集资金总额不超过25,300.00万元 （含本数），扣除发行费用后的募集资金净额将全部用于偿还银行借款及/或补充流动资金。本次向特 定对象发行股票的发行对象为北京融晟致瑞科技发展合伙企业（有限合伙），发行对象以现金方式认购 公司本次发行的股票。北京融晟致瑞科技发展合伙企业（有限合伙）已与公司签订附条件生效的股份认 购协议。 ...

格隆汇1月15日丨天原股份(002386.SZ)公布，拟向特定对象发行股票募集资金总额为不超过70,000.00万 元（含本数），在扣除相关发行费用后，用于偿还银行贷款并补充流动资金。本次向特定对象发行股票 的发行对象为公司控股股东宜宾发展，宜宾发展以现金方式认购公司本次发行的股票。本次向特定对象 发行股票事项构成关联交易。 ...

Core Viewpoint - Lante Optics (688127.SH) plans to raise up to 1.0546 billion yuan through a private placement of A-shares, with proceeds allocated to various projects including AR optical product industrialization and enhancing production capacity for glass aspheric lenses [1][2]. Fundraising Details - The total investment for the AR optical product industrialization project is 500.52 million yuan, while the glass aspheric lens production capacity enhancement project requires 241.79 million yuan. The micro-nano optical components R&D and industrialization project is budgeted at 122.29 million yuan, and the working capital supplement project is set at 190 million yuan [2]. - The total amount to be raised is capped at 1.0546 billion yuan, which will be net of issuance costs [1][2]. Issuance Structure - The shares will be issued to no more than 35 specific investors, including the company's controlling shareholder and actual controller, Xu Yunming, who will subscribe for up to 50 million yuan of the shares [3][4]. - The issuance price will not be lower than 80% of the average trading price over the 20 trading days prior to the pricing date [4]. Shareholder Information - Xu Yunming currently holds 150,690,400 shares, representing 37.13% of the total share capital, and will remain the controlling shareholder post-issuance [4][5]. - The issuance will not change the control of the company, as Xu Yunming will still hold a significant portion of shares after the issuance [5]. Historical Context - Lante Optics was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on September 21, 2020, with an initial issuance of 40.9 million shares at a price of 15.41 yuan per share [6][7]. - The company initially aimed to raise 707 million yuan for various projects, but the final net amount raised was 555 million yuan, which was 152 million yuan less than planned [7].

Core Insights - The presentation by Li Chen from Caitong Fund emphasizes the need to break traditional boundaries by treating both directed placements and inquiry transfers as part of the same category of "pan-discount" assets, which allows for a more comprehensive investment strategy [1][2] Group 1: Market Trends - The inquiry transfer market in A-shares experienced explosive growth in 2025, with the number of issuances increasing by 168% year-on-year and the scale growing by over 400%, marking the first instance where the discount rate was lower than that of directed placements [2] - The current market supply has returned to the average level since the new policy, providing investors with a richer selection of projects and discount opportunities [1] Group 2: Future Outlook - In 2025, the supply of directed placement proposals exceeded 260, doubling compared to 2024, with the number of approvals and documents reaching 218, laying a solid foundation for issuance in 2026 [3] - Li Chen expresses an optimistic outlook on the supply of directed placements for the upcoming year, considering the structural changes in approval reserves and market demand, and suggests monitoring the dynamic participation of state-owned enterprises, wealth management subsidiaries, and insurance funds [3]

Core Viewpoint - *ST Songfa (603268.SH) has disclosed a plan to issue A-shares to specific investors, aiming to raise no more than 700 million yuan for various green shipbuilding projects, including integrated high-end ship manufacturing and upgrades to supporting facilities [1][2]. Group 1: Fundraising and Investment Projects - The total amount to be raised through the issuance of A-shares is capped at 700 million yuan, which will be allocated to projects such as the green intelligent high-end ship manufacturing integrated project and upgrades for supporting facilities at Henglai Shipbuilding (Dalian) Co., Ltd [1][2]. - The detailed allocation of the raised funds includes 500 million yuan for the green intelligent high-end ship manufacturing integrated project, 150 million yuan for the upgrade of supporting facilities, and 50 million yuan for the green high-end ship manufacturing project [2]. Group 2: Issuance Details - The pricing benchmark for the share issuance will be set on the first day of the issuance period, with the issue price not lower than 80% of the average trading price of the company's shares over the 20 trading days prior to the pricing benchmark [2][3]. - The number of shares to be issued will not exceed 30% of the total share capital before the issuance, amounting to a maximum of 291,233,490 shares [3]. Group 3: Shareholder Structure and Control - As of the announcement date, the controlling shareholder, Zhongkun Investment, holds 34,351,300 shares, accounting for 35.39% of the total share capital before the issuance [3]. - After the issuance, the proportion of shares controlled by the actual controller, Chen Jianhua and his spouse, will decrease but they will remain the actual controllers of the company [3]. Group 4: Previous Fundraising and Financial Performance - The previous fundraising report indicates that the company issued 109,080,992 shares at a price of 36.67 yuan per share, raising approximately 4 billion yuan, with a net amount of about 3.93 billion yuan after deducting issuance costs [4]. - The financial performance shows a trend of net losses in recent years, with net profits of -3.09 billion yuan in 2021, -1.71 billion yuan in 2022, and a recovery to 1.27 billion yuan in the first three quarters of 2025 [6].

Core Viewpoint - Suzhou Goodwill (002079.SZ) has received approval from the Shenzhen Stock Exchange for its application to issue shares to specific investors, pending final registration approval from the China Securities Regulatory Commission (CSRC) [1] Group 1: Share Issuance Details - The total amount to be raised from the issuance is not to exceed 886.80 million yuan, which will primarily fund projects including a solar electronic paste production project, small signal product packaging and testing, and the establishment of an innovation research institute [1][2] - The total investment for the solar electronic paste project is 500 million yuan, with 341.10 million yuan allocated from the raised funds [2] - The issuance will involve no more than 35 specific investors, including qualified institutional investors and individuals, with the final selection to be determined by the board of directors after obtaining CSRC approval [3] Group 2: Shareholder Structure and Control - The controlling shareholder before the issuance is Suzhou Tongbo Electronic Equipment Co., Ltd., which will transfer 68.089% of its shares to Wu Wenhao at no cost, making him the actual controller of Suzhou Goodwill [5] - After the share issuance, the controlling shareholder will hold 17.78% of the company, and Wu Wenhao will control a total of 17.84%, ensuring that the control of the company remains unchanged [6]

Core Viewpoint - Lante Optics (688127.SH) plans to raise no more than 1.055 billion yuan through a stock issuance to a maximum of 35 specific investors, including its controlling shareholder and chairman Xu Yunming, for various projects [1] Group 1 - The company aims to use the raised funds for the industrialization of AR optical products [1] - The funds will also be allocated to enhance the production capacity of glass aspheric lenses [1] - Additional projects include the research and industrialization of micro-nano optical components and supplementing working capital [1]

Group 1 - The company, Lante Optics (688127), announced on January 14 that it plans to issue shares to no more than 35 specific investors, including its controlling shareholder, actual controller, chairman, and general manager Xu Yunming [1] - The total amount to be raised through this share issuance is not to exceed 1.055 billion yuan, which will be allocated for various projects including the industrialization of AR optical products, enhancement of glass aspheric lens production capacity, research and industrialization of micro-nano optical components, and to supplement working capital [1]

本次向特定对象发行股票募集资金总额预计为323,511.88万元，扣除发行费用后的募集资金净额将全部 用于补充流动资金。 格隆汇1月13日丨山东药玻(600529.SH)公布2026年度向特定对象发行A股股票预案，本次向特定对象发 行股票的发行对象为中国医药集团有限公司全资子公司中国国际医药卫生有限公司及其全资子公司国药 国际香港有限公司的境内子公司山东耀新健康产业有限公司，发行对象以现金方式认购本次发行的股 票。 本次向特定对象发行股票将导致公司控制权发生变化。本次发行前，公司直接控股股东为山东鲁中投资 有限责任公司，实际控制人为山东省沂源县财政局。本次发行完成后，中国国际医药卫生有限公司将成 为公司的控股股东，公司的实际控制人将变更为国药集团，最终控制人为国务院国资委。本次发行构成 关联交易。本次向特定对象发行股票完成不会导致公司股权分布不具备上市条件。 ...