Core Viewpoint - The company, Hangzhou Landscaping Co., Ltd., plans to issue shares through a simplified procedure to specific investors, aiming to raise funds for the Huixiu Cultural Tourism Engineering project and to supplement working capital [1][13]. Group 1: Issuance Overview - The company intends to issue no more than 20,000 million RMB in total, with the funds allocated to specific projects [17][21]. - The issuance will be subject to approval from the Shanghai Stock Exchange and the China Securities Regulatory Commission [2][20]. - The final number of shares issued will not exceed 30% of the company's total share capital prior to the issuance [17][18]. Group 2: Purpose of Fundraising - The funds raised will be used for the Huixiu Cultural Tourism Engineering project, which has a total investment of 108,233 million RMB, and for supplementing the company's working capital [21][27]. - The project aims to enhance the company's capabilities in the cultural tourism sector, which is expected to drive growth and improve brand influence [13][24]. Group 3: Market Context and Opportunities - The company operates in a sector that is increasingly focused on ecological and cultural development, aligning with national strategies such as "Beautiful China" and "Rural Revitalization" [12][23]. - There is a growing demand for high-quality ecological environments and livable spaces, which presents significant market opportunities for the company [10][14]. Group 4: Financial and Operational Strategy - The company aims to improve its financial structure and enhance its capital strength to meet the demands of large-scale municipal engineering projects [13][24]. - The issuance is expected to alleviate cash flow pressures and improve operational efficiency, allowing the company to better respond to market opportunities [13][24]. Group 5: Regulatory Compliance and Governance - The issuance plan has been authorized by the company's board and is compliant with relevant regulations, ensuring that it does not constitute a major asset restructuring [2][20]. - The company maintains that the issuance will not change its controlling shareholder or the distribution of its equity [19][20].