Core Viewpoint San Bian Science & Technology Co., Ltd. is set to issue 32,051,282 new shares to specific investors, with the expected listing date on July 15, 2025, at a price of 6.17 RMB per share after adjustments. Group 1: Issuance Details - The company will issue a total of 32,051,282 shares, which will be listed on the Shenzhen Stock Exchange on July 15, 2025 [1][17]. - The issuance price is set at 6.17 RMB per share, adjusted from an initial price of 6.24 RMB due to a dividend distribution [9][8]. - The total amount raised from this issuance is approximately 197.76 million RMB, with a net amount of about 192.70 million RMB after deducting issuance costs [9][10]. Group 2: Lock-up Period and Share Distribution - San Bian Group has committed to a lock-up period of 18 months post-issuance, during which it will not sell the shares acquired in this issuance [2][17]. - The share distribution post-issuance will comply with the Shenzhen Stock Exchange's listing requirements, ensuring no change in control of the company [2][18]. Group 3: Financial Impact - The issuance is expected to affect the company's earnings per share and net asset value, with projected basic earnings per share of 0.30 RMB for 2023 and 0.41 RMB for 2024 post-issuance [19]. - The net asset value per share is projected to increase to approximately 2.49 RMB for 2023 and 2.89 RMB for 2024 after the issuance [19]. Group 4: Regulatory Compliance - The issuance has received necessary approvals from regulatory bodies, including the China Securities Regulatory Commission and the Shenzhen Stock Exchange [15][16]. - The underwriting process has been deemed compliant with relevant laws and regulations, ensuring fairness and transparency in the issuance [14][16].