Core Viewpoint - Weiguang Bio (卫光生物) plans to raise up to 150 million yuan through a private placement of A-shares to fund its smart industrial base project and replenish working capital [1][2]. Fundraising Details - The total investment for the smart industrial base project is approximately 230.79 million yuan, with 120 million yuan expected to be funded from the raised capital [2]. - An additional 30 million yuan will be allocated to replenish working capital, bringing the total planned investment to 260.79 million yuan [2]. - The issuance will target no more than 35 specific investors, including various financial institutions and qualified domestic and foreign investors [2][3]. Issuance Mechanics - The final issuance price will be set at no less than 80% of the average trading price over the 20 trading days prior to the pricing date [3]. - The number of shares to be issued will not exceed 45.36 million, which is 20% of the total share capital before the issuance [3][4]. - Shares issued will be locked for six months post-issuance, after which they will be subject to relevant regulations [4]. Shareholding Structure - As of the announcement date, the total share capital of the company is 226.8 million shares, with the controlling shareholder holding 65.25% [4][5]. - Post-issuance, the controlling shareholder's stake will decrease to 54.375%, but the actual control of the company will remain unchanged [5]. Financial Performance - In Q1 2025, the company reported revenue of 225 million yuan, a decrease of 0.57% year-on-year [6]. - Net profit attributable to shareholders was approximately 43.77 million yuan, down 6.54% from the previous year [6]. - The net cash flow from operating activities improved significantly to 21.23 million yuan, compared to a negative cash flow of 1.17 million yuan in the same period last year, marking a 281.18% increase [6].

Group 1 - The company plans to issue A-shares to specific investors, raising up to 1.5 billion yuan [1] - The raised funds will be allocated entirely to the company's smart industry base project and to supplement working capital [1] - The smart industry base project is expected to utilize 1.2 billion yuan of the raised funds, while 300 million yuan will be used for working capital [1] Group 2 - The number of shares to be issued will not exceed 45.36 million [1] - The issuance will target no more than 35 specific investors [1]