Core Viewpoint - The company, Garden Co. (园林股份), has announced a plan to issue shares to specific investors, raising up to 200 million yuan for projects including the Huixiu Cultural Tourism Engineering project and to supplement working capital [1][4]. Fundraising Details - The total amount to be raised through this issuance is capped at 200 million yuan, which will be allocated entirely to the Huixiu Cultural Tourism Engineering project (140 million yuan) and working capital (60 million yuan) [2]. - The issuance will target no more than 35 specific investors, including qualified institutional investors and other eligible entities as defined by the China Securities Regulatory Commission [2][3]. Issuance Structure - The number of shares issued will not exceed 30% of the company's total shares prior to the issuance, with the final number to be determined by the board of directors in consultation with the lead underwriter [3]. - The pricing for the shares will be based on the average trading price over the 20 trading days prior to the issuance date, set at no less than 80% of this average [3]. Shareholder Structure - As of the announcement date, Garden Group holds 48.67% of the company's shares, maintaining its status as the controlling shareholder post-issuance [4]. - The company went public on March 1, 2021, raising 660 million yuan, with net proceeds of 585 million yuan allocated for operational funding [4]. Financial Performance - The company reported revenues of 514 million yuan, 628 million yuan, and 722 million yuan for the years 2022, 2023, and 2024, respectively, with net losses of 262 million yuan, 157 million yuan, and 190 million yuan during the same period [5]. - For the first half of 2025, the company achieved revenues of 288 million yuan, a decrease of 10.61% year-on-year, with a net loss of approximately 74 million yuan [6][7].

中国经济网北京9月1日讯 创益通（300991.SZ）8月30日发布2025年度以简易程序向特定对象发 行股票预案。本次发行拟募集资金总额不超过12,800.00万元（含本数），扣除相关发行费用后的募集 资金净额将全部用于以新能源精密连接器及结构件生产项目。 本次以简易程序向特定对象发行股票的发行对象不超过35名（含35名），范围包括符合规定条件 的证券投资基金管理公司、证券公司、信托公司、财务公司、保险机构投资者、合格境外机构投资者、 人民币合格境外机构投资者（含上述投资者的自营账户或管理的投资产品账户）等机构投资者，以及符 合中国证监会规定的其他法人、自然人或其他合法组织。其中，证券投资基金管理公司、证券公司、合 格境外机构投资者、人民币合格境外机构投资者以其管理的二只以上产品认购的，视为一个发行对象； 信托公司作为发行对象的，只能以自有资金认购。本次发行的所有发行对象均以同一价格、以现金方式 认购本次发行的股票。 本次发行的所有发行对象均以同一价格、以现金方式认购本次发行的股票。本次发行采用以简易程 序向特定对象发行的方式，在中国证监会作出同意注册决定后十个工作日内完成发行缴款。 截至预案公告日，张建明 ...

本次向特定对象发行的种类为境内上市人民币普通股(A股)，每股面值为人民币1.00元。在限售期届满 后，本次发行的股票拟在深圳证券交易所主板上市交易。本次向特定对象发行的股票数量上限为 155,962,606股，本次发行数量不超过本次发行前公司总股本的30%。 中国经济网北京9月1日讯茂化实华（000637）(000637.SZ)昨晚披露公司2025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公司控股股东茂名港，发行对象以人民币现金方式认购 公司本次发行的股票。本次发行构成关联交易。 本次向特定对象发行股票募集资金总额不超过53,183.24万元(含本数)，扣除发行费用后的净额拟全部用 于补充流动资金。 本次向特定对象发行的发行价格为3.41元/股，不低于定价基准日前20个交易日公司股票均价的80%。 公司2024年4月10日披露关于公司控股股东已完成股票过户的公告，2024年4月9日，公司收到中国证券 登记结算有限责任公司出具的证券过户登记确认书，公司151,538,145股股票(首发限售股)已由北京泰跃 过户至茂名港集团名下。公司控股股东已完成股票过户登记手续，过户日期为2024年4 ...

Core Viewpoint - Yunzhu Technology (688260.SH) plans to issue A-shares to specific investors, aiming to raise no more than 876 million yuan for various projects and working capital [1] Fundraising Details - The total amount to be raised is capped at 876 million yuan, which will be net of related issuance costs [1] - The raised funds will be allocated to the following projects: - Chip Insertion Integration (CMI) component technology upgrade and expansion project - DPC intelligent production line technology upgrade and expansion project - Chip multilayer ceramic capacitor intelligent production line technology upgrade project - Supplementing working capital and repaying bank loans [1]

Core Viewpoint - China National Petroleum Corporation (CNPC) is set to subscribe for A-shares of China Oil Engineering Corporation (600339.SH) for a total amount of 5.913 billion RMB, fully funded in cash [1] Fundraising Details - The total amount to be raised from the issuance, including issuance costs, will not exceed 5.913 billion RMB [1] - The net proceeds after deducting issuance costs will be allocated to oil and gas storage and transportation engineering projects, as well as to supplement working capital [1] Specific Projects - The funds will be used for several key projects, including: - The total package project for the seawater transportation pipeline for Basra Oil Company in Iraq - The total package project for the Bab oil field and Bu Hasa oil field gas pipelines for Abu Dhabi National Oil Company in the United Arab Emirates [1]

Core Viewpoint - China National Petroleum Corporation (CNPC) is set to subscribe for A-shares of China Oil Engineering Corporation (600339.SH) for a total amount of 5.913 billion RMB, fully funded in cash [1] Fundraising Details - The total amount to be raised from this issuance, including issuance costs, will not exceed 5.913 billion RMB [1] - The net proceeds after deducting issuance costs will be allocated to oil and gas storage and transportation engineering projects, as well as to supplement working capital [1] Specific Projects - The funds will be used for several key projects, including: - The total package project for the seawater transportation pipeline for Basra Oil Company in Iraq - The total package project for the Bab oil field and Bu Hasa oil field gas pipelines for Abu Dhabi National Oil Company in the United Arab Emirates [1]

Group 1 - A total of 7 A-share companies announced related to private placement on August 28, with 1 company disclosing a private placement plan, 3 plans approved by the shareholders' meeting, 1 plan approved by the CSRC, and 2 plans halted [1] - The highest proposed fundraising amount is from Hongjing Technology, aiming to raise no more than 1.354 billion yuan [2] - This year, 91 companies have announced completed private placement plans, with 40 companies raising over 1 billion yuan [3] Group 2 - The companies with the highest fundraising amounts include Bank of China, Postal Savings Bank, and Bank of Communications, raising 165 billion yuan, 130 billion yuan, and 120 billion yuan respectively [3] - Specific details of the private placements include the number of shares to be issued and the intended use of funds, such as project financing and supplementing working capital [2]

Group 1 - The core point of the article is that Shandong High-Speed Industrial Investment Co., Ltd. plans to subscribe for up to 140 million shares of Shandong High-Speed Environmental Energy Co., Ltd. for a maximum amount of 718 million yuan [1] - After the completion of this private placement, Shandong High-Speed Industrial Investment will directly hold 23.08% of the shares, bringing the total holding ratio to 41.68% [1] - The transaction has been approved by the board of directors and the shareholders' meeting of Shandong High-Speed Environmental Energy, but still requires approval from the Shenzhen Stock Exchange and registration consent from the China Securities Regulatory Commission [1] Group 2 - Shandong High-Speed Industrial Investment has committed not to transfer the subscribed shares for three years after the completion of the subscription [1] - The purpose of this transaction is to enhance the company's financial strength, optimize its capital structure, and consolidate the controlling position of state-owned shareholders [1]

Core Viewpoint - Hongjing Technology (301396) plans to raise a total of no more than 1.354 billion yuan through a private placement of shares, with the net proceeds intended for the construction and operation of intelligent computing power clusters and to supplement working capital [1] Group 1 - The company aims to raise funds specifically for intelligent computing power cluster projects [1] - The total amount targeted for the fundraising is capped at 1.354 billion yuan [1] - The net proceeds will be fully allocated to the specified projects and working capital [1]

Core Viewpoint - The recent control change at Feilu Co., Ltd. (飞鹿股份) has led to a significant drop in stock price, with the company undergoing a share transfer and voting rights delegation to Xiangguang Intelligent Technology Co., Ltd. (骁光智能) [1][4] Group 1: Control Change and Stock Performance - Feilu Co., Ltd. announced a control change, with Xiangguang Intelligent becoming the controlling shareholder, and its actual controller Yang Yixiao taking over control [1][5] - Prior to the announcement, the company's stock had seen a substantial increase, rising 42% over five trading days [1] - Following the announcement, the stock price fell by 16.73% to 10.7 yuan [1] Group 2: Share Transfer and Financing - The share transfer agreement involves the transfer of 11 million shares (5.02% of total shares) and the delegation of voting rights for 29.97 million shares (13.69% of total shares) to Xiangguang Intelligent [4][5] - The company plans to issue between 32 million and 40 million new shares at a price of 8.08 yuan per share, raising up to 323.2 million yuan for working capital [5][10] - After the share issuance, Xiangguang Intelligent's ownership will range from 17.14% to 19.70%, while the previous controller's stake will decrease to 11.57%-11.94% [5] Group 3: Financial Situation and Debt Pressure - Feilu Co., Ltd. has a high debt ratio of 77.39% and only 107 million yuan in cash as of June 2025 [8] - The company has experienced significant revenue fluctuations, with a 37.2% decline in revenue to 518 million yuan in 2024 and a net loss of 140 million yuan [9] - In the first half of 2025, revenue increased by 48.77% to 238 million yuan, but the net loss was still 39 million yuan [9] - The transaction is expected to provide at least 259 million yuan in funding and an additional 50 million yuan in loans to alleviate some debt pressure [10]