Core Viewpoint - Henan Yuguang Gold & Lead Co., Ltd. plans to issue shares to specific investors in 2025 to enhance liquidity and repay bank loans, with a total fundraising amount not exceeding 400 million yuan [2][13][29]. Group 1: Issuance Overview - The issuance will involve a maximum of 59,347,181 shares, accounting for no more than 30% of the company's total share capital prior to the issuance [12][27]. - The pricing benchmark date is set as the date of the board's resolution announcement, with the issue price being no less than 80% of the average trading price over the previous 20 trading days [11][12]. - The funds raised will be used entirely for supplementing working capital and repaying bank loans [2][13][26]. Group 2: Company Background and Purpose - The company aims to establish a strategic base for non-ferrous metal new materials and is focused on high-end, intelligent, and green transformation [9][28]. - The company has experienced a compound annual growth rate of 20.46% in revenue, indicating a strong growth trajectory [9][26]. - The issuance is part of a broader strategy to address the challenges posed by the depletion of primary lead resources and to enhance the recycling of lead from used batteries [6][9]. Group 3: Financial Impact and Control - The issuance is expected to improve the company's financial structure by reducing the debt-to-asset ratio, which was 71.08% as of March 31, 2025 [10][29]. - The controlling shareholder, Yuguang Group, will increase its stake in the company, thereby enhancing its control and ensuring stability in the company's governance [10][15][27]. - The company has established a robust governance framework to manage the raised funds effectively, ensuring compliance with regulatory requirements [28][29].

证券代码：600531 证券简称：豫光金铅 债券代码：110096 债券简称：豫光转债 河南豫光金铅股份有限公司 （住所：河南省济源市荆梁南街 1 号） 方案论证分析报告 二零二五年八月 河南豫光金铅股份有限公司 2025 年度向特定对象发行股票方案论证分析报告 河南豫光金铅股份有限公司（以下简称"豫光金铅"或"公司"）是在上海 证券交易所主板上市的公司。为满足公司业务发展的资金需求，进一步增强公司 资本实力及优化资本结构，根据《中华人民共和国公司法》 （以下简称"《公司法》"）、 《中华人民共和国证券法》 （以下简称"《证券法》"）和《上市公司证券发行注册 管理办法》 （以下简称"《注册管理办法》"）等有关法律法规以及规范性文件的规 定，公司拟通过向特定对象发行 A 股股票（以下简称"本次发行"）的方式募集 资金不超过 40,000.00 万元（含本数），扣除相关发行费用后将全部用于补充流动 资金及偿还银行贷款。 我国铜冶炼行业集中度相对较高，前十名铜冶炼企业铜产量占全国产量超过 河南豫光金铅股份有限公司 2025 年度向特定对象发行股票方案论证分析报告 限公司为代表的大型企业集团已经形成"矿冶一体"的产业 ...