Core Viewpoint - The company is preparing for a specific stock issuance aimed at raising funds for a high-quality technology upgrade project, while also addressing the potential dilution of immediate returns for existing shareholders [1][6][12]. Financial Impact Analysis - The company estimates that the total funds raised from the issuance will be 300 million yuan, with the number of shares issued not exceeding 30% of the total shares prior to the issuance [1]. - The projected net profit for the first half of 2025 is expected to be between 340 million yuan and 400 million yuan, representing an increase of 530% to 641% compared to the same period last year [2]. - Different scenarios were analyzed regarding the impact of the stock issuance on key financial metrics, including basic and diluted earnings per share [4][5]. Issuance Necessity and Reasonableness - The funds raised will be used for the "2800mm high-quality medium-thick plate technology upgrade project," which aligns with the company's long-term strategic goals and national industrial development direction [6][7]. Relationship with Existing Business - The company operates in the coke, sintering, iron, and steel smelting sectors, with a steel rolling capacity of 20.8 million tons, and the new project will enhance product quality and competitiveness [7][8]. Measures to Mitigate Dilution Risk - The company plans to implement various measures to enhance operational performance and ensure effective use of the raised funds, aiming to minimize the dilution of immediate returns for shareholders [9][11]. Commitments from Major Stakeholders - The controlling shareholder and management have made commitments to ensure the effective execution of the return compensation measures, emphasizing their dedication to protecting shareholder interests [12][13].

证券代码：000753 证券简称：漳州发展 公告编号：2025-032 福建漳州发展股份有限公司 关于 2025 年度向特定对象发行 A 股股票摊薄即期回 报、填补措施和相关主体承诺的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 根据国务院办公厅发布的《国务院办公厅关于进一步加强资本市 场中小投资者合法权益保护工作的意见》和中国证监会发布的《关于 首发及再融资、重大资产重组摊薄即期回报有关事项的指导意见》等 文件的有关规定，为保障中小投资者利益，公司就本次向特定对象发 行对摊薄即期回报的影响进行了认真分析，并拟定了填补回报的具体 措施。公司的相关主体就保证发行人填补即期回报措施切实履行做出 了承诺。具体内容报告如下： 一、本次向特定对象发行摊薄即期回报对公司主要财务指标的影 响 情形 2：假设公司 2025 年度归属于上市公司股东的净利润、扣 除非经常性损益后的净利润较 2024 年度保持不变； 情形 3：假设公司 2025 年度归属于上市公司股东的净利润、扣 除非经常性损益后的净利润较 2024 年度下降 10%； 仅考虑本次向特定对象发行对总股本的 ...

Core Viewpoint - The announcement discusses the potential dilution of immediate returns due to the issuance of A-shares to specific investors and outlines measures to mitigate this impact [1][4]. Group 1: Impact of Issuance on Immediate Returns - The company analyzed the impact of the issuance on key financial metrics, specifically focusing on the dilution of immediate returns [1][4]. - The estimated net profit for 2025 is projected based on the first quarter's performance, with three scenarios for net profit growth: 80%, 100%, and 120% of the previous year's figures [2][3]. - The calculations indicate that the basic earnings per share (EPS) will decrease from -0.22 to -0.18 under the first scenario, and further to -0.17 in the subsequent scenarios [2][3]. Group 2: Use of Raised Funds - The funds raised from the issuance will be used to supplement working capital and repay bank loans, which will help reduce financial leverage and costs [5][6]. - The company has the necessary personnel, technology, and market reserves to support the investment projects associated with the raised funds [6]. Group 3: Measures to Mitigate Dilution Risk - The company plans to enhance corporate governance to ensure sustainable development and protect shareholder rights [7][8]. - A management system for the raised funds will be established, including a three-party supervision mechanism to ensure proper use of the funds [7]. - The company has committed to a profit distribution policy to ensure shareholder returns, particularly for minority shareholders [8]. Group 4: Commitments from Management - The board of directors and senior management have made commitments to ensure the effectiveness of the measures to mitigate the dilution of immediate returns [10]. - The controlling shareholder has also provided assurances regarding the fulfillment of these measures to protect the interests of all shareholders [10].

证券代码：301489 证券简称：思泉新材 公告编号：2025-050 广东思泉新材料股份有限公司 关于 2025 年度向特定对象发行股票摊薄即期回报、 填补措施及相关承诺的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 重大提示： 公司本次向特定对象发行股票后其主要财务指标的分析、描述均不构成公 司的盈利预测，投资者不应仅依据该等分析、描述进行投资决策，如投资者据 此进行投资决策而造成任何损失的，公司不承担任何责任。本公司提示投资者， 制定填补回报措施不等于对公司未来利润做出保证。 根据《国务院办公厅关于进一步加强资本市场中小投资者合法权益保护工作 的意见》（国办发[2013]110 号）以及中国证监会发布的《关于首发及再融资、 重大资产重组摊薄即期回报有关事项的指导意见》（证监会公告[2015]31 号）的 有关规定，为维护中小投资者利益，广东思泉新材料股份有限公司（以下简称"公 司"）就 2025 年度向特定对象发行股票（以下简称"本次发行股票"）对即期 回报摊薄的影响进行了分析，并制定了具体的填补回报措施，相关主体对公司填 补回报措施能够得到切实 ...

Core Viewpoint - The announcement discusses the potential dilution of immediate returns due to the issuance of A-shares to specific investors and outlines measures to mitigate this impact [1][5][10] Financial Impact Analysis - The company analyzed the potential impact of the share issuance on key financial metrics based on three scenarios for 2025 net profit: maintaining 2024 levels, a 10% increase, and a 20% increase [2][4] - Under the first scenario, the diluted earnings per share (EPS) would decrease from 0.0215 to 0.0206 [4] - In the second scenario, with a 10% profit increase, the diluted EPS would rise to 0.0226 [4] - In the third scenario, with a 20% profit increase, the diluted EPS would further increase to 0.0247 [4] Issuance Necessity and Feasibility - The share issuance aligns with national industrial policies and the company's future development plans, aiming to enhance profitability and benefit all shareholders [5][6] Use of Raised Funds - The funds raised will be used to supplement working capital and repay debts, optimizing the company's capital structure and supporting sustainable development [6] Measures to Mitigate Dilution - The company plans to enhance fund management, improve internal controls, and refine profit distribution policies to counteract the dilution of immediate returns [7][8] - Specific commitments from the board and management have been made to ensure the effectiveness of these measures [9] Approval Process - The measures related to the dilution of immediate returns and the commitments have been approved by the board and shareholders in meetings held on July 4, 2025, and July 30, 2025 [10]

Core Viewpoint - The company plans to issue A-shares to specific investors to raise up to 600 million yuan, which will dilute immediate returns but aims to enhance long-term profitability and shareholder value [2][6][15] Financial Impact - The issuance will increase the total share capital by 14.94%, with a maximum fundraising amount of 600 million yuan, not considering issuance costs [2] - The projected net profit attributable to shareholders for 2025 is estimated to be 11,662.67 million yuan, with a significant increase expected in subsequent years [3] - The basic earnings per share (EPS) before the issuance is projected at 0.38, which may decrease to 0.28 post-issuance under various profit scenarios [4][5] Company Strategy - The company focuses on the production and sales of recycled aluminum alloys, specifically targeting the production of recycled wrought aluminum alloys through the new fundraising project [6][7] - The strategic goal is to balance the production of various recycled aluminum alloy products and increase the proportion of recycled wrought aluminum alloys in the product mix [7][8] Project Feasibility - The fundraising project aligns with the company's existing business, utilizing waste aluminum as the primary raw material, thus enhancing resource recycling [6][8] - The company has established a strong foundation in terms of personnel, technology, and market resources to support the new project [11][12] Risk Mitigation Measures - To address the dilution of immediate returns, the company plans to enhance its operational capabilities and market presence, thereby improving profitability [15] - The company has implemented a robust fundraising management system to ensure the proper use of raised funds, adhering to regulatory requirements [15][16] Commitment to Shareholders - The controlling shareholders and management have made commitments to ensure the fulfillment of measures to compensate for the dilution of immediate returns, emphasizing the protection of shareholder interests [16][17]

Core Viewpoint - Shenzhen Weiguang Biological Products Co., Ltd. plans to issue A-shares to specific investors, which may dilute immediate shareholder returns and impact key financial metrics [1][5][10] Financial Impact of the Issuance - The issuance will involve up to 45,360,000 shares, not exceeding 20% of the total shares before the issuance, raising a maximum of 1.5 billion yuan [1][4] - The company's net profit for 2025, excluding non-recurring gains and losses, is projected to be approximately 263.51 million yuan [2][4] - Under different scenarios, the basic earnings per share (EPS) and return on equity (ROE) are expected to decline post-issuance, with EPS potentially dropping from 1.12 yuan to 0.93 yuan in a flat profit scenario [4][5] Necessity and Feasibility of the Issuance - The board believes the fundraising aligns with national industrial policies and the company's strategic needs, enhancing operational scale and profitability [5][6] - The funds will primarily support the Weiguang Biological Smart Industrial Base project, aimed at increasing production capacity and automation [6][8] Company’s Preparedness for the Project - The company has a strong team of qualified personnel in biological product production and R&D, ensuring technical expertise for project implementation [7][8] - The company has established a solid market presence with around 200 distributors, enhancing brand influence and customer loyalty [7][8] Measures to Mitigate Dilution of Returns - The company plans to manage the raised funds strictly according to regulatory requirements, ensuring proper usage and compliance [9][10] - It aims to enhance profitability through the successful execution of the fundraising projects, thereby increasing market share and operational efficiency [9][10] - A profit distribution plan for 2025-2027 has been established to ensure stable returns for shareholders [9][10] Commitments from Stakeholders - The controlling shareholder and management have committed to ensuring the effectiveness of the measures to mitigate the dilution of returns [10][11]

Core Viewpoint - The company plans to issue A-shares to specific investors to raise up to 600 million yuan, which may dilute immediate returns for existing shareholders, but measures will be taken to mitigate this impact [1][2][3] Group 1: Financial Impact of the Issuance - The total share capital before the issuance is 7,238.32 million shares, which will increase to 9,409.82 million shares post-issuance [4] - The company anticipates a net profit of -29.55 million yuan and a net profit attributable to shareholders of -116.43 million yuan for 2025 under various scenarios [4][6] - Basic and diluted earnings per share are expected to decrease from -0.41 yuan to -0.39 yuan post-issuance if the company remains profitable [4][6] Group 2: Necessity and Reasonableness of the Issuance - The issuance is deemed necessary to support the company's growth strategy and enhance its capital structure, aligning with industry trends [7][10] - The funds raised will be used to construct a smart factory for wind power gearboxes, which is expected to improve production capacity and profitability [7][9] Group 3: Measures to Mitigate Dilution of Immediate Returns - The company will strengthen the supervision of raised funds to ensure they are used effectively and in compliance with regulations [10][11] - There will be an acceleration of project construction to achieve expected benefits sooner, thereby enhancing profitability [10] - The company plans to improve its profit distribution system to ensure transparent and stable returns for shareholders [10][11] Group 4: Commitments from Management - The board and senior management have committed to fulfilling the measures to mitigate the dilution of immediate returns and to act in the best interests of shareholders [12][13] - The controlling shareholders and actual controllers have also made commitments to adhere to regulations and not interfere with the company's operations [12][13]

Core Viewpoint - The company is issuing A-shares to specific investors, which will dilute immediate returns but includes measures to compensate for this dilution [1][5][9] Financial Impact Analysis - The total share capital before the issuance is 470,988,309 shares, which will decrease to 466,296,153 shares before the issuance and increase to 606,184,998 shares after the issuance [2] - The net profit attributable to the parent company is projected to remain the same as 2024, with estimates of 15 million and 40 million yuan for different scenarios [2][3] - Basic earnings per share (EPS) before dilution is 0.03 yuan, while after dilution it is expected to be 0.01 yuan [2][3] Necessity and Feasibility of the Issuance - The issuance is necessary to support the company's sustainable development strategy and to meet operational funding needs [5][6] - The raised funds will be used to supplement working capital and repay bank loans, which aligns with the company's current development needs [5][6] Measures to Mitigate Dilution Impact - The company plans to enhance the supervision of raised funds to ensure they are used effectively and legally [7][8] - There will be a focus on improving overall profitability and optimizing the capital structure to reduce financial risks [8] - The company has established a governance structure to ensure compliance with laws and regulations, enhancing investor protection [8][9] Commitments from Major Stakeholders - The controlling shareholder and management have made commitments to not interfere with the company's operations and to ensure the effectiveness of the compensation measures [9][10] - They have pledged to adhere to regulations and take responsibility for any breaches of these commitments [10]

Core Viewpoint - Fengshen Tire Co., Ltd. plans to issue A-shares to specific investors, which may dilute immediate returns for existing shareholders, but the company has proposed measures to mitigate this impact [1][2][5]. Financial Impact Analysis - The issuance will increase the total share capital from 72,945,090 shares to a maximum of 94,828,610 shares [3]. - Under three scenarios for 2025 net profit, the basic earnings per share (EPS) will be affected as follows: - Scenario 1 (2025 net profit unchanged from 2024): EPS will decrease from 0.39 to 0.38 [4]. - Scenario 2 (10% increase in net profit): EPS will increase from 0.39 to 0.42 [4]. - Scenario 3 (20% increase in net profit): EPS will increase from 0.39 to 0.46 [4]. Necessity and Rationality of the Issuance - The issuance is deemed necessary to seize industry opportunities, enhance core competitiveness, and solidify the company's market position, benefiting both the company and its shareholders [5][6]. Relationship with Existing Business - The funds raised will be invested in a project to expand the production capacity of high-performance giant engineering radial tires, aligning with the company's main business and market demand [6][8]. Resource Reserves for Investment Projects - The company has a strong talent pool, technical expertise, and market presence to support the successful implementation of the investment projects [9][10]. Measures to Mitigate Dilution of Immediate Returns - The company will manage the raised funds effectively, accelerate business expansion, optimize operational management, and enhance profit distribution policies to protect shareholder interests [10][11]. Commitments from Related Parties - The controlling shareholders and management have committed to ensuring the effectiveness of measures to mitigate the dilution of immediate returns [11].