Core Viewpoint - Suzhou Longjie (603332) is planning to raise up to 100 million yuan through a stock issuance to fund a high-end differentiated polyester fiber project, with an expected internal rate of return of 21.95% [3][5]. Group 1: Stock Performance - As of October 17, 2025, Suzhou Longjie closed at 12.89 yuan, down 2.94% from the previous week [1]. - The stock reached a weekly high of 13.45 yuan on October 14 and a low of 12.69 yuan on October 13 [1]. - The company's current total market capitalization is 2.789 billion yuan, ranking 23rd out of 26 in the chemical fiber sector and 4575th out of 5158 in the A-share market [1]. Group 2: Company Announcements - Suzhou Longjie plans to issue up to 17,421,602 shares at a price of 5.74 yuan per share, with the funds allocated entirely to the "high-end differentiated polyester fiber construction project" [3][5]. - The project is designed to have an annual production capacity of 40,000 tons, focusing on products such as ultra-realistic animal fur fibers and dye-free island fibers, with a total investment of 197.4 million yuan [3]. - The project has received necessary approvals, including filing and environmental impact assessment [3]. Group 3: Financial Performance - For the reporting period, the company's revenues were 1.066 billion yuan, 1.599 billion yuan, 1.678 billion yuan, and 700.73 million yuan, with net profits of -50.41 million yuan, 14.38 million yuan, 57.76 million yuan, and 33.25 million yuan respectively [4]. - The gross profit margin for 2024 was 8.48%, with net profit reaching 57.76 million yuan, benefiting from downstream demand recovery, product structure optimization, and declining raw material prices [4]. - Inventory values were recorded at 270.48 million yuan, 187.79 million yuan, 285.94 million yuan, and 304.59 million yuan, primarily consisting of finished goods [4].