Core Viewpoint - Yongchong Intelligent has received approval from the China Securities Regulatory Commission (CSRC) for a simplified procedure to issue shares to specific investors, raising approximately 300 million yuan for a new project and working capital [3][4]. Company Announcement Summary - Yongchong Intelligent's stock closed at 15.55 yuan on January 16, 2026, up 3.87% from the previous week, with a market capitalization of 7.736 billion yuan [1]. - The company plans to issue shares at a price of 11.29 yuan per share, with a total fundraising amount of approximately 300 million yuan, aimed at producing 3,500 sets of digital intelligent solid food packaging equipment and supplementing working capital [2][4]. - The issuance will involve 9 specific investors, with a lock-up period of 6 months [2][4]. - The issuance has passed the necessary board and shareholder meeting approvals and complies with relevant laws and regulations [2][3].

Core Viewpoint - The company, Hangzhou Yongchuang Intelligent Equipment Co., Ltd., has changed the status of its private placement review to "submitted for registration" as of December 29, 2025, indicating progress in its fundraising efforts [1][13]. Group 1: Key Issuance Elements - Stock Type: Domestic listed RMB ordinary shares (A-shares) with a par value of 1 yuan, listed on the Shanghai Stock Exchange, sponsored by Zheshang Securities [2][14]. - Issuance Scale: A total of 26,572,187 shares will be issued, raising approximately 299.99999123 million yuan (not exceeding 300 million yuan, in compliance with the simplified procedure net asset limit of 20%) [2][14]. - Issuance Price: The price is set at 11.29 yuan per share, determined through bidding, with a total of 9 subscribers (including public offerings, private placements, and individuals) [3][15]. Group 2: Fund Utilization - Subscription Method: Full cash subscription with a lock-up period of 6 months for all subscribers [4][16]. - Fund Allocation: After deducting issuance costs, approximately 216.5801 million yuan will be allocated to the annual production of 3,500 sets of digital intelligent solid-state food packaging equipment, and about 83.4199 million yuan will be used to supplement working capital [4][16]. Group 3: Impact of the Private Placement - Expansion of High-End Capacity: The project will significantly enhance the company's supply capability of high-end packaging equipment, addressing the growing demand for automated and intelligent packaging in the food and beverage sector, and supporting the delivery of new orders worth approximately 4.5 billion yuan in 2024 [5][17]. - Strengthening Product and Technical Barriers: The focus on digital intelligence and solid-state packaging technology upgrades will help differentiate the company from smaller competitors, increasing the proportion of high-margin intelligent production lines and optimizing revenue structure [5][17]. Group 4: Financial Structure Optimization - Alleviating Financial Pressure: The addition of 83.42 million yuan in working capital will lower the debt-to-asset ratio (approximately 68.03% in the first three quarters of 2025), reduce financial costs, and improve cash flow, enhancing the company's ability to withstand industry fluctuations [6][18]. - Reserving Space for Operations and R&D: Lowering operational leverage and enhancing financial flexibility will provide funding reserves for technological iterations and market expansion, ensuring the rhythm of R&D investment and order delivery [6][18]. Group 5: Industry Position Consolidation - Expanding Scale and Brand Advantage: The new capacity will further solidify the company's leading position in the packaging equipment sector, leveraging economies of scale to reduce marginal costs and enhance the integrated solution capabilities of "equipment + supporting + services" [7][19]. - Binding Quality Capital and Partners: The participation of 9 specific subscribers (including public and private investors) will deepen capital and industry chain collaboration, creating conditions for future business cooperation and resource integration [7][20]. Group 6: Alignment with Industry Trends - Supporting Long-Term Strategic Implementation: The fundraising aligns with the intelligent and large-scale development trends in downstream industries such as food and beverage, facilitating rapid expansion and technological upgrades, and aiding the company's transition from single equipment to a comprehensive service provider for intelligent production lines [8][21]. Group 7: Private Placement Process - Proposal Timeline: The proposal was approved by the company's board on August 28, 2025, and announced on August 30, with a revised draft released on December 1, 2025 [9][22]. - Acceptance Date: The Shanghai Stock Exchange officially accepted the application on December 25, 2025 [10][23]. - Approval Date: The application was approved by the Shanghai Stock Exchange on December 29, 2025 [12][25].

Core Viewpoint - Yongchun Intelligent has received approval from the Shanghai Stock Exchange for its application to issue shares to specific investors through a simplified procedure, pending final approval from the China Securities Regulatory Commission (CSRC) [1] Group 1: Fundraising Details - The company plans to raise a total of 299,999,991.23 yuan, not exceeding 30 million yuan, with the net proceeds allocated to a project for producing 3,500 sets of digital intelligent solid food packaging equipment and to supplement working capital [1][2] - The total investment for the digital intelligent solid food packaging equipment project is 232.87 million yuan, with 216.58 million yuan expected to be funded from the raised capital [2] Group 2: Issuance and Subscription - The issuance will involve up to 35 specific investors, all subscribing in cash, with no related party transactions involved [2] - The total number of shares to be issued is 26,572,187, with a determined issue price of 11.29 yuan per share, which is not less than 80% of the average stock price over the previous 20 trading days [3][4] Group 3: Shareholding Structure - Before the issuance, the actual controllers of Yongchun Intelligent, Luo Bangyi and Lü Jie, hold a combined 50.28% of the shares. Post-issuance, their combined control will decrease to 47.68%, but they will remain the actual controllers of the company [5]

Core Viewpoint - Yongchong Intelligent Equipment Co., Ltd. plans to raise up to 300 million yuan through a simplified procedure for a specific audience to fund a project for producing 3,500 sets of digital intelligent solid food packaging equipment and to supplement working capital [1] Group 1: Stock Performance - As of December 1, 2025, Yongchong Intelligent's stock closed at 13.53 yuan, down 2.03% from the previous trading day, with a total market capitalization of 6.599 billion yuan [1] - The stock opened at 13.78 yuan, reached a high of 13.83 yuan, and a low of 13.40 yuan, with a trading volume of 3.56 billion yuan and a turnover rate of 5.5% [1] Group 2: Fundraising Plan - The company intends to issue 26,572,187 shares at a price of 11.29 yuan per share, targeting several private equity funds and institutional investors [1] - The shares will have a lock-up period of 6 months, and the issuance does not constitute a related party transaction nor will it lead to a change in control of the company [1] - The fundraising plan is subject to approval by the stock exchange and registration with the China Securities Regulatory Commission [1] Group 3: Board Meeting and Announcements - On the same day, the company's fifth board of directors held its 30th meeting, where relevant proposals were approved [1] - The revised fundraising plan and related documents were disclosed on December 2, 2025, on the Shanghai Stock Exchange website [1]

Core Viewpoint - The company, Hangzhou Yongchuang Intelligent Equipment Co., Ltd., has announced its plan to issue A-shares to specific investors through a simplified procedure, aiming to raise up to 300 million RMB for its digital intelligent solid-state food packaging equipment project [1][5]. Group 1: Board Meeting and Approval - The fifth board meeting was held on August 28, 2025, with all seven directors present, and the meeting complied with relevant laws and regulations [1]. - The proposal for the stock issuance was approved unanimously with 7 votes in favor, 0 against, and 0 abstentions [2][3]. Group 2: Issuance Details - The type of stock to be issued is domestic listed ordinary shares (A-shares) with a par value of 1.00 RMB per share [2]. - The issuance will be completed within ten working days after the China Securities Regulatory Commission (CSRC) grants registration [2]. - The target investors include up to 35 specific investors, such as qualified institutional investors and natural persons [2][3]. Group 3: Pricing and Quantity - The pricing benchmark date is set for the first day of the issuance, with the issuance price not lower than 80% of the average trading price over the previous 20 trading days [3][4]. - The total number of shares issued will not exceed 30% of the company's total shares before the issuance, with the total fundraising amount capped at 300 million RMB [4][5]. Group 4: Lock-up Period and Fund Usage - The shares issued will have a lock-up period of six months from the issuance completion date, with certain conditions extending this period to eighteen months for specific investors [5]. - The raised funds will be used for the annual production of 3,500 sets of digital intelligent solid-state food packaging equipment, with the total investment amounting to 300 million RMB [5][6]. Group 5: Listing and Profit Sharing - The newly issued shares will be listed on the Shanghai Stock Exchange [6]. - The undistributed profits before the issuance will be shared among new and old shareholders based on their respective shareholding ratios after the issuance [6].

Core Viewpoint - Yongchuang Intelligent (603901.SH) plans to issue shares to specific investors through a simplified procedure, aiming to raise up to 300 million RMB for investment in digital intelligent solid food packaging equipment and to supplement working capital [1][2]. Group 1: Share Issuance Details - The share issuance will target no more than 35 specific investors, including qualified institutional investors and natural persons [1]. - The pricing benchmark for the share issuance will be set at 80% of the average trading price over the 20 trading days prior to the issuance date [1]. - The shares will be ordinary RMB common shares (A-shares) with a par value of 1.00 RMB each, and the total number of shares issued will not exceed 30% of the company's total share capital prior to the issuance [1]. Group 2: Fund Utilization - The total amount to be raised is capped at 30 million RMB, which is less than 20% of the company's net assets as of the end of the previous year [2]. - The funds will be allocated to a project for producing 3,500 sets of digital intelligent solid food packaging equipment, with an investment of approximately 21.66 million RMB, and to supplement working capital with 8.34 million RMB [2][3]. Group 3: Shareholder Structure - As of June 30, 2025, the actual controllers of the company, Lü Jie and Luo Bangyi, hold a combined 50.28% of the shares, which will decrease post-issuance but will not change the control of the company [3].

Group 1 - The company Yongchuang Intelligent (SH 603901) announced on August 29 that it has received authorization from the 2024 annual general meeting of shareholders to implement a stock issuance plan through a simplified procedure for specific investors [1] - The stock issuance plan has been approved by the company's 26th meeting of the 5th board of directors and the 22nd meeting of the 5th supervisory board held on August 28, 2025 [1] - The issuance targets no more than 35 specific investors, with the issuance price set at no less than 80% of the average trading price of the company's stock over the 20 trading days prior to the pricing benchmark [1] Group 2 - The company plans to raise no more than 300 million yuan, with the funds allocated for two main projects: a digital intelligent solid food packaging equipment project with an annual production capacity of 3,500 sets, requiring an investment of approximately 233 million yuan, and a working capital project with a total investment of 83.42 million yuan [1] - In the fiscal year 2024, the company's revenue composition is heavily weighted towards the packaging industry, accounting for 99.04% of total revenue, while other businesses contribute only 0.96% [1]