Core Viewpoint - Shanghai Ace Investment & Development Co., Ltd. is preparing for a specific stock issuance, with the underwriting and sponsorship provided by Guolian Minsheng Securities Co., Ltd. The company aims to enhance its capital strength and optimize its asset structure through this issuance [1][22]. Company Overview - Company Name: Shanghai Ace Investment & Development Co., Ltd. [2] - Stock Exchange: Shanghai Stock Exchange [2] - Stock Code: 603329 [2] - Established: May 22, 2003 [2] - Total Share Capital: 158,756,195.00 CNY [2] - Main Business: Supply chain services, focusing on customized logistics solutions for large industrial clients, including multimodal transport, third-party logistics, and supply chain execution trade [2][4]. Business Operations - Multimodal Transport: Provides integrated "door-to-door" transportation services, leveraging information management capabilities to reduce costs and enhance customer loyalty [3][4]. - Third-Party Logistics: Offers comprehensive port services, including customs clearance and warehousing, based on long-term partnerships with key ports [3][4]. - Supply Chain Execution Trade: Involves procurement and sales services supported by logistics [3][4]. Financial Performance - Revenue Breakdown: - Total Revenue for 2023: 503,174.03 CNY [6] - Main Business Revenue: 501,360.74 CNY, accounting for 99.64% of total revenue [6]. - Revenue from Multimodal Transport: 94,022.11 CNY (18.69%) [6]. - Revenue from Third-Party Logistics: 33,954.09 CNY (6.75%) [6]. - Revenue from Supply Chain Execution Trade: 373,384.54 CNY (74.21%) [6]. - Net Profit for 2023: 3,768.73 CNY [6]. Financial Indicators - Total Assets as of December 31, 2023: 300,116.02 CNY [6]. - Total Liabilities: 171,620.66 CNY [6]. - Equity Attributable to Shareholders: 111,891.77 CNY [6]. - Current Ratio: 1.30 [6]. - Quick Ratio: 1.04 [6]. - Debt-to-Asset Ratio: 57.18% [6]. Future Plans - The company plans to use the proceeds from the stock issuance to supplement working capital and repay bank loans, thereby enhancing its capital strength and risk resistance [22].