Core Viewpoint - The company plans to issue 30 million A-shares to specific investors, which will not exceed 30% of the total share capital before the issuance, aiming to enhance its capital strength and support long-term development strategies [1][2][3] Summary by Sections 1. Related Transactions Overview - The company intends to issue A-shares to specific investors, namely Lu Hongping and Tu Han, with a total of 30 million shares, representing 3.46% of the total share capital before the issuance [2][3] - The share transfer price is set at 16.46 yuan per share, with the transaction subject to approval from the shareholders' meeting and regulatory bodies [2][3] 2. Shareholding Changes - After the first phase of the share transfer, the new shareholders will hold 19.64% of the shares, while the original controlling shareholder will see their stake reduced to 17.91% [3][5] - The controlling shareholder will change from Chen Hongmin to Lu Hongping, with the actual controllers being Lu Hongping and Tu Han [3][5] 3. Purpose of the Transaction - The transaction aims to strengthen the company's financial position, as it operates in a capital-intensive industry, and to support its growth in the automotive components sector [14][15] - The funds raised will be used to supplement working capital, optimize the capital structure, and enhance the company's financial stability and risk resistance [14][15] 4. Impact on the Company - The issuance will increase the company's total assets and net assets, while also reducing the debt-to-asset ratio, thereby improving the financial structure [14][15] - The transaction is expected to enhance the company's core competitiveness and profitability, facilitating sustained growth in its main business [14][15] 5. Approval Process - The issuance plan has been approved by the company's board of directors and requires further approval from the shareholders' meeting and regulatory authorities [16][17]

Core Viewpoint - The article discusses the administrative penalty imposed on Wuxi Best Precision Machinery Co., Ltd. for violating customs regulations, specifically related to false declarations in import customs declarations [1][3]. Group 1: Company Information - Wuxi Best Precision Machinery Co., Ltd. is a high-tech enterprise in Jiangsu Province, established in May 1997. The company specializes in the research, production, and sales of various precision components and tooling fixtures [12]. - The main products of the company include precision shaft components, turbine compressor impellers, and intermediate shells for turbochargers, supplying Wuxi Shibo Turbocharger Co., Ltd. [12]. - The company was listed on the Shenzhen Stock Exchange in 2017 under the stock code Best (300580) [14]. Group 2: Regulatory Actions - The customs authority issued an administrative penalty of RMB 10,000 for the false declaration of goods in 16 customs declarations made between May 5, 2023, and March 26, 2025 [3][8]. - The company declared a total of 1,201,246 items of goods, with discrepancies in the declared product codes and tax amounts, leading to a tax liability of RMB 737,506.83, of which RMB 68,591.25 was due [3][5]. - The customs authority found that the company admitted to the violations and accepted the penalties, while no penalties were imposed for other declarations made between July 5, 2022, and March 21, 2023 [7][9].