茂名港是茂名市委、市政府为落实"建深水大港、兴现代产业、造滨海绿城"发展战略而成立的国有控股 有限责任公司。作为茂名港博贺新港区建设与运营主体，茂名港注册资本21.77亿元，总资产超200亿 元，年营业收入超45亿元，已形成港口物流、供应链贸易、石油化工、资源循环、工程建设和咨询五大 核心业务板块。 茂化实华（000637）8月31日晚间公告，公司拟以3.41元/股的价格向控股股东茂名港发行股票募资不超 过5.32亿元，扣除相关发行费用后将全部用于补充流动资金。 2024年4月，茂化实华完成实际控制人、控股股东的变更。本次认购前，茂化实华控股股东茂名港持有 公司1.55亿股，持股比例为29.80%。本次发行完成后，控股股东的持股比例将进一步提升。茂化实华表 示，发行完成后茂名港对于茂化实华的控制权将得到巩固，本次发行体现了实际控制人对茂化实华的信 心和支持。 茂化实华主要经营范围是石油化工产品的生产、加工和销售，产品种类丰富，目前主要产品有液化石油 气、聚丙烯、MTBE、燃料油等。2025年上半年，公司聚丙烯、MTBE等主要产品受化工行业传统产品 需求疲软的影响，陷入收入下滑与产品毛利率下降的情况。 据了解， ...

Group 1 - The company plans to issue A-shares to a specific target, with the total amount raised not exceeding RMB 531.8324 million, which will be used to supplement working capital [4][15][29] - The issuance has been approved by the company's board and is subject to further approval from the shareholders' meeting and regulatory authorities [2][21] - The controlling shareholder, Maoming Port, will subscribe to the shares using cash and has signed a conditional subscription agreement [2][29] Group 2 - The issuance price is set at RMB 3.41 per share, which is not less than 80% of the average stock price over the 20 trading days prior to the pricing benchmark date [3][30] - The maximum number of shares to be issued is capped at 155,962,606 shares, which is not more than 30% of the company's total share capital before the issuance [17][30] - The shares subscribed by Maoming Port will be subject to a lock-up period of 36 months from the date of issuance [6][32] Group 3 - The issuance will not change the company's control, as Maoming Port will remain the controlling shareholder after the issuance [20][28] - The company is focused on enhancing its asset quality and achieving high-quality development in line with national capital market reforms [12][14] - The company operates in the petrochemical industry, producing various chemical products and is strategically located near major economic zones, providing a competitive advantage [13][14]