Core Points - Guangdong Hesheng Industrial Aluminum Co., Ltd. is conducting a private placement of A-shares, with a total fundraising amount of approximately RMB 499.99 million, issuing 30,845,157 shares at a price of RMB 16.21 per share [3][4][11] - The issuance has received approval from the China Securities Regulatory Commission (CSRC) and has followed the necessary internal decision-making processes [2][5] - The funds raised will be allocated to specific projects as outlined in the issuance plan, and the shares will be listed on the Shenzhen Stock Exchange after the lock-up period [7][11] Issuance Details - The issuance process included internal approvals and regulatory consent, with the CSRC approving the registration application for the stock issuance [2][3] - The total number of shares issued is 30,845,157, with a net fundraising amount of RMB 493.87 million after deducting issuance costs of RMB 6.13 million [4][6][11] - The issuance price was determined based on the average trading price of the company's shares over the previous 20 trading days, ensuring compliance with regulatory pricing requirements [6][11] Investor Participation - A total of 16 investors participated in the issuance, all of whom are required to adhere to a six-month lock-up period for the shares acquired [7][11][12] - The investors include various private equity funds and asset management companies, ensuring a diverse investor base [12][18] - The issuance was conducted in compliance with the relevant laws and regulations, with all participating investors meeting the necessary qualifications [19][20] Impact on Shareholding Structure - Prior to the issuance, the top ten shareholders held 62.75% of the company, which is expected to change post-issuance, with the new structure reflecting the additional shares issued [22] - The issuance is anticipated to dilute existing shareholdings but is expected to enhance the company's capital base for future growth [22]