Core Viewpoint - The company plans to raise no more than 1.291 billion yuan through a private placement to enhance its technological innovation platform, upgrade its industry, and supplement working capital, thereby strengthening its precious metals industry chain advantage and promoting high-quality development [1][2]. Fundraising Purpose - The 1.291 billion yuan will be allocated into three main areas: - 484 million yuan for the construction of a technological innovation platform, including 400 million yuan for a national key laboratory for precious metal functional materials and 84 million yuan for an AI laboratory focused on precious metal new materials [1][2]. - 420 million yuan for industrial transformation and upgrading, which includes 170 million yuan for a modern industrial base for the recycling of secondary precious metal resources, 130 million yuan for green recycling of secondary resources, 80 million yuan for deep processing and intelligent upgrading of precious metal alloy functional new materials, and 40 million yuan for the industrialization of platinum anticancer drug raw materials [1][2]. - 387 million yuan to supplement working capital to optimize the capital structure and alleviate financial pressure [1][2]. Project Investment Overview - The total investment for the projects funded by the private placement amounts to approximately 2.531 billion yuan, with the planned fundraising of 1.291 billion yuan [2]. - The projects align closely with the company's main business and comply with national policies on new material industry development, as well as the company's strategic planning [2]. Shareholding Structure - As of the announcement date, Yun Investment Group holds 38.60% of the company's shares, making it the controlling shareholder, with the Yunnan Provincial State-owned Assets Supervision and Administration Commission as the actual controller. The private placement will not result in a change of control of the company [3]. Implementation Requirements - The private placement plan requires approval from the company's shareholders' meeting, as well as review and registration approval from the Shanghai Stock Exchange and the China Securities Regulatory Commission [3].

Core Viewpoint - Guizhou Platinum Industry (600459.SH) plans to raise up to 1.291 billion yuan through the capital market to accelerate technological innovation and transformation upgrades [1][2] Fundraising Details - The company intends to invest 480 million yuan in a "Technology Innovation Platform" project, accounting for approximately 37% of the total fundraising [1][2] - An additional 420 million yuan is earmarked for "Industrial Transformation and Upgrading" projects, representing about 33% of the total [1][3] - The remaining 387 million yuan will be used to supplement working capital [2] Project Breakdown - The "Technology Innovation Platform" project includes two sub-projects: the "National Key Laboratory Platform for Precious Metal Functional Materials" and the "AI Laboratory for New Precious Materials," with investments of 400 million yuan and 84 million yuan, respectively [2] - The "Industrial Transformation and Upgrading" project consists of four sub-projects, including the "Modern Industrial Base for Precious Metal Secondary Resource Enrichment and Regeneration," with total investments of 170 million yuan, 130 million yuan, 80 million yuan, and 40 million yuan [3] Financial Performance - Guizhou Platinum Industry's revenue has grown from 6.881 billion yuan in 2014 to 47.504 billion yuan in 2024, with a compound annual growth rate of 21.31% [4] - In the first half of 2025, the company achieved revenue of 29.554 billion yuan, a 20.91% increase from the same period last year [4][5] - The net profit for the first half of 2025 was 3.48 billion yuan, reflecting a 1.93% increase year-on-year [4] R&D Investment - In the first half of 2025, R&D expenses reached 149 million yuan, a year-on-year increase of 24.19%, aligning closely with revenue growth [6] - The company has established a comprehensive technology innovation system supported by multiple national and provincial innovation platforms [6] Dividend History - Since its listing, Guizhou Platinum Industry has distributed dividends 20 times, totaling 1.072 billion yuan [7]

Core Viewpoint - Yunnan Precious Metals New Materials Holding Group Co., Ltd. (referred to as "Guizhou Platinum Industry") plans to raise up to 1.291 billion yuan through a private placement of A-shares to support technological innovation, industrial transformation, and working capital needs [2] Group 1: Company Initiatives - The company aims to enhance its research and development capabilities and optimize its capital structure through this fundraising, which is deemed necessary due to the urgent funding needs arising from business expansion in emerging fields like hydrogen energy and semiconductors [2][4] - The planned investment includes the establishment of a key laboratory platform and an AI laboratory focused on new materials, which will leverage AI technology to accelerate material innovation and reduce R&D costs [4][5] Group 2: Market Demand and Growth - The demand for precious metals in China reached 12,200 tons in 2023, marking a 23% year-on-year increase, primarily driven by industrial demand, which accounts for over 80% of total demand [3] - China's precious metals demand represents 27.6% of global demand, with industrial applications making up 47.7% of the global market, positioning China as the leading country in precious metal industrial applications [3] Group 3: Policy Support - Recent government policies have been implemented to support the development of the new materials industry and technological innovation, including a plan to enhance the supply capacity of high-end new materials in various sectors by 2027 [3] Group 4: Resource Recovery and Sustainability - The company is focusing on increasing the recycling rate of platinum group metals through its fundraising projects, which is crucial for ensuring national strategic resource security [4][5] - The establishment of a green recycling base in Dongying, Shandong, aims to enhance the company's resource recovery capabilities and metal production capacity [5]

Core Viewpoint - The company Guiyan Platinum Industry (600459.SH) has announced a plan to issue A-shares to specific investors, aiming to raise up to 1.291 billion yuan for various projects, including technological innovation and working capital [1][2]. Group 1: Share Issuance Details - The share issuance will target no more than 35 specific investors, including qualified institutional and individual investors as defined by the China Securities Regulatory Commission (CSRC) [1]. - The issuance price will be set at no less than 80% of the average trading price over the 20 trading days prior to the pricing date [1]. - The total number of shares to be issued will not exceed 30% of the total share capital before the issuance, amounting to a maximum of 227,942,137 shares [2]. Group 2: Fund Utilization - The total amount to be raised from this issuance is capped at 1.291 billion yuan, which will be allocated to several projects, including: - Construction of a key laboratory for precious metal functional materials (40 million yuan) - Establishment of an AI laboratory for new precious metal materials (8.4 million yuan) - Development of a modern industrial base for the recycling of secondary resources (17 million yuan) - Green recycling project for secondary resources (13 million yuan) - Deep processing and intelligent upgrading of new alloy functional materials (8 million yuan) - Industrialization of platinum-based anticancer drug raw materials (4 million yuan) - Supplementing working capital (38.7 million yuan) [2][3]. Group 3: Shareholder Structure - As of the announcement date, Yun Investment Group holds 38.60% of the company's shares, making it the controlling shareholder, with the Yunnan Provincial State-owned Assets Supervision and Administration Commission as the actual controller [4]. - The planned issuance is not expected to change the company's control structure [4]. Group 4: Previous Fundraising Activities - In December 2022, the company successfully raised approximately 1.853 billion yuan through a rights issue, with a subscription of 169,910,810 shares at a price of 10.91 yuan per share [4][5]. - The net amount raised after deducting issuance costs was approximately 1.830 billion yuan [4]. Group 5: Financial Performance - For the first half of 2023, the company reported a revenue of 29.554 billion yuan, representing a year-on-year increase of 20.91% [6][7]. - The net profit attributable to shareholders was 3.248 billion yuan, reflecting a growth of 2.30% compared to the previous year [6][7]. - The net cash flow from operating activities was 1.095 billion yuan [6][7].

Core Viewpoint - Guoyan Platinum Industry plans to raise no more than 1.291 billion yuan through a private placement to specific investors, with the funds aimed at enhancing technological innovation and upgrading its core business [1][2]. Fundraising Details - The total investment for the seven projects is approximately 2.532 billion yuan, with the planned fundraising amount being 1.291 billion yuan [2]. - The projects include: 1. National Key Laboratory Platform for Precious Metal Functional Materials: Total investment of approximately 560 million yuan, with 400 million yuan from the fundraising [2][3]. 2. AI Laboratory for New Precious Metal Materials: Total investment of approximately 110 million yuan, with 84 million yuan from the fundraising [3]. 3. Modern Industrial Base for Secondary Resource Enrichment and Regeneration: Total investment of approximately 584 million yuan, with 170 million yuan from the fundraising [3]. 4. Green Recycling Project for Secondary Resources: Total investment of approximately 360 million yuan, with 130 million yuan from the fundraising [3]. 5. Deep Processing and Intelligent Upgrading of Precious Metal Alloy Functional New Materials: Total investment of approximately 410 million yuan, with 80 million yuan from the fundraising [3]. 6. Industrialization of Platinum Anticancer Drug Raw Materials: Total investment of 120 million yuan, with 40 million yuan from the fundraising [5]. 7. Supplementing Working Capital: 387 million yuan [6]. Strategic Goals - The fundraising aims to build high-level technological innovation platforms, enhance the strategic resource security of precious metals, and accelerate the transformation and upgrading of the company's core business to solidify its leading position in the industry [1][2]. Historical Fundraising - Guoyan Platinum Industry has previously raised funds through various methods, including an IPO and multiple private placements, totaling approximately 4.156 billion yuan over five financing rounds [6][7]. If the current fundraising is successful, the total will reach approximately 5.447 billion yuan [7]. Financial Performance - In the first half of 2025, the company reported revenue of 29.554 billion yuan, a year-on-year increase of 20.91%, and a net profit attributable to shareholders of 325 million yuan, a year-on-year increase of 2.3% [6].

格隆汇9月22日丨贵研铂业(600459.SH)公布2025年度向特定对象发行A股股票预案，本次向特定对象发 行A股股票募集资金总额不超过12.91亿元（含本数），扣除发行费用后，募集资金拟投资于以下项目： 贵金属功能材料全国重点实验室平台建设项目、贵金属新材料AI实验室建设项目、贵金属二次资源富 集再生现代产业基地项目、贵金属二次资源绿色循环利用项目、贵金属合金功能新材料精深加工及智能 升级产业化项目、铂抗癌药物原料药产业化项目及补充流动资金。 ...

Core Viewpoint - The company Guoyan Platinum Industry (600459.SH) announced a plan to issue A-shares to specific investors, aiming to raise a total of no more than 1.291 billion yuan for various projects [1] Fundraising Purpose - The raised funds will be allocated to the following projects: - Construction of a national key laboratory platform for precious metal functional materials - Establishment of an AI laboratory for new precious metal materials - Development of a modern industrial base for the recycling of secondary precious metal resources - Green recycling project for secondary precious metal resources - Deep processing and intelligent upgrading of new functional alloys - Industrialization of platinum-based anticancer drug raw materials - Supplementing working capital [1]

Group 1 - The company, Guiyan Platinum Industry (600459.SH), announced a plan to issue A-shares to specific investors, aiming to raise a total of no more than 1.291 billion yuan, including the principal amount [1] - The raised funds will be allocated to several projects, including the construction of a national key laboratory platform for precious metal functional materials and an AI laboratory for new precious metal materials [1] - Additional investments will focus on projects related to the recycling and modern industrial base of secondary precious metal resources, as well as the industrialization of platinum-based anticancer drug raw materials [1]

Core Viewpoint - The company, Guiyan Platinum Industry, announced plans to issue A-shares to raise a total of no more than 1.291 billion yuan, which will be allocated to various projects and working capital [1] Fundraising Purpose - The raised funds will be used for the construction of a national key laboratory platform for precious metal functional materials [1] - The funds will also support the establishment of an AI laboratory for new precious metal materials [1] - Additional projects include the modern industrial base for the enrichment and recycling of secondary precious metal resources [1] - The company plans to invest in a green recycling project for secondary precious metal resources [1] - The funds will facilitate the deep processing and intelligent upgrading of new functional alloy materials [1] - The industrialization of platinum-based anticancer drug raw materials will also be funded [1] - A portion of the funds will be allocated to supplement working capital [1]