Group 1 - The company, Beiken Energy Group Co., Ltd., is planning a private placement of shares to raise funds for working capital and debt repayment, with a total amount not exceeding 353.16 million yuan [14][29][30] - The issuance price is set at 6.54 yuan per share, adjusted from an initial price of 6.59 yuan, based on the average trading price of the stock prior to the issuance [12][13] - The issuance will result in the issuance of up to 54 million shares, which will account for 21.18% of the company's total share capital post-issuance [5][14] Group 2 - The company aims to enhance its capital structure and reduce financial risks through this fundraising, as it has a high debt-to-asset ratio of 69.47% as of the end of 2022 [30] - The funds raised will support the company's strategic shift towards integrating new energy technologies within the oil and gas sector, aligning with national policies on energy transition and carbon neutrality [10][30] - The company has established itself as a leading comprehensive service provider in oil and gas resource development, with a focus on drilling and technical services [10][30] Group 3 - The controlling shareholder of the company will change to Mr. Chen Dong after the issuance, who is currently the overseas market development advisor [11][15] - The company has committed to avoiding any potential conflicts of interest or competition with Mr. Chen Dong's other business interests [20][21] - The company has a strong market position in the southwest region of China, providing integrated services that enhance operational efficiency and reduce costs for clients [10][30]

Core Viewpoint - The company plans to issue A-shares to specific investors to enhance its capital strength and support business development, aligning with national energy transition goals and industry policies [1][4][14]. Group 1: Background and Purpose of the Issuance - The issuance is driven by the need for technological innovation and strategic support in the energy sector, particularly in response to the "dual carbon" goals and the transformation towards cleaner energy [1][3]. - The company aims to leverage government policies that encourage the development of green hydrogen and other sustainable energy solutions, positioning itself as a leader in the oil and gas resource development sector [1][2]. Group 2: Financial Aspects of the Issuance - The total amount to be raised from the issuance is capped at 353.16 million yuan, which will be used entirely for replenishing working capital and repaying debts, thereby improving the company's financial structure and reducing financial risks [5][10]. - The issuance price is set at 6.59 yuan per share, which is not less than 80% of the average trading price over the previous 20 trading days [6][11]. Group 3: Issuance Process and Compliance - The issuance process has been approved by the company's board and supervisory committee, and it complies with relevant laws and regulations, ensuring a fair and transparent process for all shareholders [14][15]. - The issuance is structured to avoid any adverse effects on existing shareholders, with measures in place to protect their interests [15][22]. Group 4: Impact on Financial Metrics - The issuance may lead to a dilution of immediate returns for existing shareholders, but the company has outlined specific measures to mitigate this impact and enhance future profitability [19][20]. - Projections indicate potential changes in key financial metrics post-issuance, with various scenarios analyzed for net profit growth and earnings per share [17][18].