Core Viewpoint - The company plans to raise 220 million yuan through the issuance of shares to fund a high-end marine engineering equipment manufacturing base, acquire a 51% stake in Beijing Blue Ocean Zhixin Energy Technology Co., Ltd., and supplement working capital [1][2]. Group 1: Fundraising and Project Details - The issuance price is set at 8.42 yuan per share, with a total of 26.1283 million shares to be issued, raising a total of 220 million yuan [1]. - The project has a planned construction period of 1.5 years and a total investment of 110 million yuan, aimed at creating a benchmark production line for marine engineering equipment in Shanghai [1]. - The project will focus on key technologies such as underwater production systems, intelligent wellhead equipment, and ultra-high-pressure well control equipment, enhancing China's marine engineering equipment industry [1]. Group 2: Production Capacity and Market Position - Upon completion, the project is expected to achieve an annual production capacity of 400 sets of offshore wellhead equipment, ultra-high-pressure well control equipment, intelligent control systems, and precision pressure-controlled drilling systems [1]. - The products will meet international advanced standards and will also have maintenance and repair capabilities for underwater oil and gas production systems, improving the company's competitive position in the underwater oil and gas equipment sector [1]. Group 3: Acquisition and Strategic Alignment - The company plans to use part of the raised funds to increase capital in its wholly-owned subsidiary, Shanghai Shenkai Petroleum Technology Co., Ltd., for the acquisition of a 51% stake in Blue Ocean Zhixin at a transaction price of 60 million yuan [1][2]. - Blue Ocean Zhixin focuses on intelligent drilling technology innovations, providing data-driven integrated solutions to enhance drilling efficiency and risk management [2]. - The acquisition aligns with the company's core strategy of digital transformation and aims to leverage AI technology to reduce costs and increase efficiency in oilfields, creating new growth points [2]. Group 4: Financial Performance - In the first three quarters of 2025, the company reported total operating revenue of 568 million yuan, a year-on-year increase of 14.47%, and a net profit attributable to shareholders of 37.775 million yuan, a year-on-year increase of 86.46% [2].

Core Viewpoint - Shanghai ShenKai Petroleum Chemical Equipment Co., Ltd. plans to issue shares to specific investors through a simplified procedure, aiming to raise up to 300 million RMB, which will not exceed 20% of the company's net assets as of the end of the previous year [1][4][21]. Group 1: Issuance Details - The total amount to be raised from the issuance is 220 million RMB, with the issuance price set at 8.42 RMB per share [2][21]. - The issuance will involve no more than 35 specific investors, all subscribing in cash at the same price [2][18]. - The number of shares to be issued is capped at 26,128,266, which is less than 30% of the company's total shares prior to the issuance [20][24]. Group 2: Use of Proceeds - The net proceeds from the issuance will be used entirely for specific projects, including the establishment of a high-end marine engineering equipment manufacturing base [4][29]. - The company plans to invest 110 million RMB in the marine engineering equipment project, which aims to enhance capabilities in underwater production systems and intelligent control systems [30][31]. Group 3: Company Background and Market Context - The company has over 30 years of experience in the petroleum industry, with a focus on enhancing its competitive edge through technological advancements and market expansion [16][17]. - The global oil and gas industry is experiencing a shift towards digital transformation, with increasing reliance on AI and smart technologies for exploration and production [14][15].

Core Viewpoint - ShenKai Co., Ltd. plans to raise up to 220 million yuan through a simplified procedure for issuing shares to specific investors, with funds allocated for high-end marine engineering equipment manufacturing, acquisition of a 51% stake in Beijing Blue Ocean Intelligent Energy Technology Co., Ltd., and working capital supplementation [1][5][10]. Group 1: Fundraising and Share Issuance - The total amount to be raised does not exceed 220 million yuan and is within 20% of the company's net assets as of the end of the last fiscal year [1][4]. - The issuance will target up to 35 specific investors, including qualified institutional investors and individuals, with cash subscriptions required [2][3]. - The issuance price will be no less than 80% of the average trading price over the 20 trading days prior to the pricing date [2][4]. Group 2: Acquisition of Blue Ocean Intelligent - ShenKai plans to use 60 million yuan of the raised funds to acquire a 51% stake in Blue Ocean Intelligent, which is valued at 117.65 million yuan for 100% equity [5][6]. - Blue Ocean Intelligent specializes in intelligent drilling technology and aims to enhance drilling efficiency and risk management for oil companies [6][10]. - The acquisition aligns with ShenKai's strategy to strengthen its core business and enhance competitiveness through digital solutions [9][10]. Group 3: Financial Performance - For Q1 2025, ShenKai reported a revenue of 202 million yuan, a year-on-year increase of 41.78%, and a net profit of 18.46 million yuan, compared to a loss in the same period last year [11]. - In 2024, the company recorded a revenue of 733 million yuan, a slight decline of 1.44%, but a net profit increase of 22.79% to 30.17 million yuan [13]. - The financial outlook indicates a positive trend with significant improvements in net profit and cash flow from operating activities [11][13].

Group 1 - The company ShenKong Co., Ltd. plans to acquire 51% equity of Beijing Blue Ocean Zhixin Energy Technology Co., Ltd. for a transaction price of 60 million yuan [1] - Following the completion of the transaction, Blue Ocean Zhixin will become a subsidiary of ShenKong and will be included in the company's consolidated financial statements [1] - Blue Ocean Zhixin is an innovative company in the oil and gas industry's intelligent drilling technology, focusing on data-driven integrated solutions to enhance drilling efficiency, manage operational risks, and maximize single well productivity [1] Group 2 - The main business of Blue Ocean Zhixin includes well site data collection and transmission systems, geological guidance modeling software for horizontal wells, drilling optimization software systems, and an integrated cloud platform for geological engineering [1] - The company also offers customized research and development of software, including real-time AI algorithms for drilling [1]