Core Viewpoint - Meilixin (301307.SZ) announced a plan to issue A-shares to specific targets in 2025, aiming to raise no more than 1.2 billion yuan for various projects and working capital [1] Financial Summary - The company reported a net loss of 164 million yuan for 2024, with a loss of 215 million yuan in the first three quarters of 2025 [1] - The asset-liability ratio increased from 42.65% at the end of 2023 to 62.19% by the end of September 2025, indicating rising debt pressure [1] - The gross profit margin declined from 17.28% in 2022 to 4.98% in the first three quarters of 2025 [1] Fund Allocation - Of the total funds raised, 500 million yuan will be allocated to the semiconductor equipment precision structural components project [1] - Another 500 million yuan will be invested in the industrialization of communication and automotive parts for die-casting [1] - 200 million yuan will be used to supplement working capital [1]

Group 1 - The company, Meilixin, plans to issue up to 63.18 million shares to no more than 35 specific investors through a private placement [2] - The expected fundraising amount is 1.2 billion yuan, which will primarily be used for the construction of precision structural components for semiconductor equipment [2] - Additional funds will support the industrialization projects for communication and automotive components, as well as replenish working capital [2]

Core Viewpoint - Meilixin (301307.SZ) has announced a plan to issue A-shares to specific investors, aiming to raise up to RMB 120 million for various projects, including semiconductor equipment and automotive components [1][2]. Group 1: Share Issuance Details - The share issuance will target no more than 35 specific investors, including qualified institutional investors and individuals [1]. - The pricing for the shares will be set at no less than 80% of the average trading price over the 20 trading days prior to the issuance [1]. - The total number of shares issued will not exceed 30% of the company's total shares before the issuance, amounting to a maximum of 63,180,000 shares [1]. Group 2: Fund Utilization - The raised funds will be allocated as follows: - RMB 50 million for the semiconductor equipment precision components project [2][3]. - RMB 50 million for the industrialization project of communication and automotive components [2][3]. - RMB 20 million for working capital [2][3]. - The total investment for these projects is estimated at RMB 127.96 million, with the issuance expected to cover RMB 120 million of this amount [3]. Group 3: Company Ownership and Control - As of the announcement date, the total share capital of Meilixin is 210,600,000 shares, with Meilixin Holdings owning 39.65% [4]. - Post-issuance, the total share capital will increase to 273,780,000 shares, but Meilixin Holdings will maintain its status as the controlling shareholder with a reduced ownership percentage of 30.50% [4]. - The actual controllers of the company remain unchanged, ensuring no shift in control due to this issuance [4]. Group 4: Financial Performance - For Q3 2025, the company reported revenue of RMB 961 million, a year-on-year increase of 2.76%, but a net loss of RMB 110 million [7][8]. - Year-to-date revenue reached RMB 2.82 billion, up 8.93%, with a net loss of RMB 215 million [7][8]. - In 2024, the company achieved revenue of RMB 3.66 billion, a 14.73% increase, but still reported a net loss of RMB 164 million [9].

Group 1 - The company, Meilixin (301307.SZ), announced a plan to issue A-shares to specific investors, aiming to raise a total of no more than 1.2 billion yuan, including the principal amount [1] - The net proceeds from the fundraising, after deducting issuance costs, will be allocated to three main projects: semiconductor equipment precision structural components construction project, communication and automotive parts welding die-casting industrialization project, and replenishment of working capital project [1]

Core Viewpoint - Meilixin (301307.SZ) plans to issue A-shares to specific investors, aiming to raise no more than 1.2 billion yuan, which will be allocated to various projects and working capital [1] Fundraising Purpose - The total amount raised will be used for the construction of precision structural components for semiconductor equipment [1] - Funds will also support the industrialization of solderable die-casting projects for communication and automotive components [1] - Additionally, the raised funds will be used to supplement working capital [1]

Core Viewpoint - Meilixin (301307.SZ) announced a fundraising plan to raise up to RMB 120 million for various projects, including semiconductor equipment and automotive components [1] Group 1: Fundraising Details - The total amount of funds raised will not exceed RMB 120 million, including the principal [1] - The net amount after deducting issuance costs will be allocated to specific projects [1] Group 2: Project Allocation - The raised funds will be used for the construction of precision structural components for semiconductor equipment, industrialization of communication and automotive parts, and to supplement working capital [1] - Any investment exceeding the net amount raised will be financed through the company's own funds or other financing methods [1] Group 3: Board Authority - The company's board of directors is authorized by the shareholders' meeting to adjust the sequence and amount of the investment of the raised funds as necessary [1]

Core Viewpoint - Meilixin (301307.SZ) plans to raise a total of no more than RMB 1.2 billion through a targeted issuance of shares, with the net proceeds after issuance costs allocated to specific projects [1] Group 1: Fundraising Details - The total amount to be raised is capped at RMB 120,000.00 million [1] - The net proceeds will be used for the construction of precision structural components for semiconductor equipment, industrialization projects for weldable die-casting parts in communication and automotive sectors, and to supplement working capital [1]