Group 1 - The company has revised its articles of association, changing references from "shareholders' meeting" to "shareholders' assembly" and removing mentions of "supervisors" and "supervisory board" in favor of "audit committee" [1][2] - The revisions have been approved by the company's board and will be submitted for shareholder approval [2] Group 2 - The company has not faced any penalties or regulatory measures from securities regulators or exchanges in the last five years [5][6] - The company has established a robust corporate governance mechanism and internal management systems to ensure compliance with relevant laws and regulations [4] Group 3 - The company raised a total of RMB 476.08 million through its initial public offering, with a net amount of RMB 412 million after deducting issuance costs [8][9] - As of June 30, 2025, the company has fully utilized the raised funds, with no remaining balance [16][18] Group 4 - The company plans to issue A-shares to specific investors, with a total fundraising target of up to RMB 818 million [25][67] - The funds will be allocated to projects including agricultural machinery component expansion, garden tool chain systems, and integrated R&D for micro-chain systems [32][67] Group 5 - The company has committed to measures to mitigate the dilution of immediate returns for shareholders due to the new issuance, including strengthening fund management and enhancing profitability [39][41] - The company has a well-established technical and personnel reserve, with 390 technical staff and numerous patents to support its R&D efforts [34][35]

Core Viewpoint - The announcement discusses the impact of the company's planned issuance of A-shares to specific investors on immediate returns and outlines measures to mitigate potential dilution effects on shareholder returns [2][5]. Financial Impact Analysis - The company conducted a thorough analysis of the impact of the A-share issuance on key financial metrics, assuming no significant changes in the company's situation [2]. - As of December 31, 2024, the total share capital before the issuance is 42,246.66 million shares, which will increase to 44,482.80 million shares post-issuance [3]. - Three scenarios were analyzed for the projected net profit attributable to shareholders for 2025: a 10% increase, no change, and a 10% decrease compared to 2024 [4]. Scenario 1: No Growth - Net profit remains at 18,050.75 million yuan, resulting in diluted earnings per share of 0.44 yuan [4]. Scenario 2: 10% Growth - Net profit increases to 19,855.82 million yuan, leading to diluted earnings per share of 0.49 yuan [4]. Scenario 3: 10% Decline - Net profit decreases to 16,245.67 million yuan, resulting in diluted earnings per share of 0.40 yuan [4]. Necessity and Reasonableness of the Issuance - The issuance plan has undergone careful consideration and analysis, focusing on the feasibility of using the raised funds to support the company's core business and strategic development [5]. Measures to Mitigate Dilution Effects - The company plans to enhance its competitiveness by adhering to a "research-driven" and "internationalization" strategy, focusing on improving product quality and accelerating new product commercialization [6]. - Operational efficiency will be improved to reduce costs across various management areas, including production and financial management [6]. - A strict fundraising management system will be implemented to ensure proper use and oversight of the raised funds [7][8]. - The company aims to maintain a stable profit distribution system to strengthen investor return mechanisms [8]. Commitments from Relevant Parties - The controlling shareholders and management have made commitments to uphold shareholder rights and ensure compliance with relevant regulations, promising to bear legal responsibilities for any violations [10][11].

Core Viewpoint - The announcement details Wuhan Huazhong Numerical Control Co., Ltd.'s plan to issue A-shares to specific investors, highlighting the potential dilution of immediate returns and the measures to compensate for this dilution [1][4]. Financial Impact Analysis - The company plans to issue 41,726,349 shares, which will increase the total share capital from 198,696,906 to 240,423,255 shares post-issuance [2]. - The projected net profit for 2025 under three scenarios shows a decrease of 10%, remaining stable, and an increase of 10%, with corresponding impacts on earnings per share (EPS) [3][4]. - In the scenario where net profit decreases by 10%, the diluted EPS is projected to be -0.3065, while in the scenario of a 10% increase, it is projected to be -0.2073 [3]. Measures to Compensate for Dilution - The company intends to enhance its capital strength and risk resistance through effective use of raised funds, focusing on improving operational management and internal controls [5][6]. - Specific strategies include strengthening management innovation, improving governance structures, and ensuring effective use of raised funds to protect investor interests [6][7]. Commitments from Management - The board of directors and senior management have committed to fulfilling the measures to compensate for the dilution of immediate returns, with accountability for any losses incurred by investors due to non-compliance [8][9]. - The commitments include adherence to regulatory requirements and ensuring that the compensation measures are linked to the performance of the company [8][9]. Approval and Disclosure - The board has approved the analysis of the dilution impact and the compensation measures in previous meetings, with ongoing disclosures planned in regular reports [9].