Core Viewpoint - Jiangsu Yongda Chemical Machinery Co., Ltd. (referred to as "Yongda Co.") is set to hold a review meeting on November 26, 2025, for its listing on the Beijing Stock Exchange, aiming to raise funds for its heavy chemical equipment production base project [1]. Group 1 - Yongda Co. plans to raise a total of 457.81 million yuan (approximately 45.78 million) for the first phase of its heavy chemical equipment production base project [2][3]. - The total investment for the project is estimated at 591 million yuan (approximately 59.1 million), with the raised funds covering a significant portion of this amount [3]. Group 2 - The sponsor for this issuance is Guotai Junan Securities Co., Ltd., with representatives Luo Yunxiang and Chen Yuezhen overseeing the process [3]. - As of the signing date of the prospectus, Li Changzhe holds 86.56% of the company's shares, making him the controlling shareholder, along with his family members who have signed a concerted action agreement [4].