Core Viewpoint - The company, Beijing Dinghan Technology Group Co., Ltd., plans to issue shares to a specific group of investors to raise funds for operational liquidity and support its growth in the rail transit industry, which is experiencing significant opportunities due to national policies and technological advancements [10][12][16]. Group 1: Company Overview - Company Name: Beijing Dinghan Technology Group Co., Ltd. - Stock Code: 300011 - Established: June 10, 2002 - Listed: October 30, 2009 - Registered Capital: 558,650,387 RMB [9][18]. Group 2: Issuance Details - The company plans to issue up to 46,905,000 shares, representing 8.40% of the total shares before the issuance, at a price of 4.78 RMB per share [18][20]. - The total amount to be raised is not exceeding 224.21 million RMB, which will be used entirely to supplement working capital [20][32]. - The issuance is subject to approval from the Shenzhen Stock Exchange and the China Securities Regulatory Commission [6][22]. Group 3: Industry Context - The rail transit industry is seen as a critical infrastructure sector in China, with significant growth opportunities driven by national strategies such as "Belt and Road" and "New Infrastructure" [10][12]. - The industry is expected to benefit from stable growth in operational mileage and investment scale, with the national railway fixed asset investment projected to reach 850.6 billion RMB in 2024, a year-on-year increase [11][12]. - The market for maintenance services is also anticipated to grow as existing rail transit projects enter maintenance phases [11][14]. Group 4: Strategic Importance - The company aims to enhance its competitive edge by focusing on technological innovation and the integration of advanced technologies such as AI and big data into its products [15][16]. - The issuance of shares to the controlling shareholder, Gongkong Capital, is expected to strengthen the company's capital structure and governance, reflecting confidence in the company's future [17][22].

Company Overview - Beijing Dinghan Technology Group Co., Ltd. is a publicly listed company established on December 24, 2007, with a registered capital of 38.376 million RMB [1][2] - The company operates in the field of rail transit technology, focusing on the production of intelligent power supply products for rail transit [1][3] Historical Development - The company was originally founded as Beijing Dinghan Technology Co., Ltd. in June 2002 and underwent a transformation into a joint-stock company in December 2007 [1][2] - The company went public on the Shenzhen Stock Exchange's Growth Enterprise Market on October 30, 2009, issuing 13 million shares at a price of 37.00 RMB per share [1][2] - Significant capital increases occurred in 2010 and 2013 through capital reserve transfers, increasing the total share capital to 154.128 million shares [2] Shareholder Structure - The ultimate controlling shareholder is Guangzhou Industrial Control Capital Management Co., Ltd., with actual control held by the Guangzhou Municipal Government [2][3] - The company has undergone several changes in its shareholder structure, including share transfers and non-public offerings to raise funds [2] Organizational Structure - The company has a structured governance model with a shareholders' meeting as the highest authority, a board of directors executing decisions, and a supervisory board for internal oversight [2][3] - Key departments include market center, financial asset department, human resources, strategic investment, and corporate management [2] Business Scope - The company’s main business activities include the production and sale of rail transit signal power supply products, technical development, and consulting services [2][3] - The company is also involved in investment and asset management, as well as import and export activities related to rail transit technology [2]

Group 1 - The company, Beijing Dinghan Technology Group Co., Ltd., is planning to issue A-shares to specific investors, with the underwriting by Kaiyuan Securities Co., Ltd. [1][2] - The total number of shares to be issued is not more than 53,600,000, accounting for 9.59% of the company's total share capital before the issuance [7][10]. - The issuance price is set at 80% of the average stock price over the last 20 trading days prior to the pricing date, which amounts to 4.78 yuan per share [8][10]. Group 2 - The funds raised from this issuance, estimated to be up to 256.208 million yuan, will be used entirely to supplement working capital [10]. - The company has a registered capital of 558.650 million yuan and was established on June 10, 2002, with its shares listed on the Shenzhen Stock Exchange since October 30, 2009 [4][5]. - As of September 30, 2024, the company's total assets amounted to 379,454.84 million yuan, with total liabilities of 245,138.49 million yuan, resulting in total equity of 134,316.35 million yuan [5][6]. Group 3 - The company operates in the rail transportation equipment manufacturing industry, focusing on the research, production, sales, and maintenance of various electrified high-end equipment for rail transit [17]. - The company’s main products include intelligent power supply products for rail transit signals, power operation supplies, and safety systems [4][17]. - The company’s financial performance shows a revenue of 114,563.16 million yuan for the first nine months of 2024, with a net profit of 1,557.27 million yuan [6][10].