From November 29 to December 5, 2021, Beijing Geoenviron Engineering & Technology Inc(603588) (603588. SH), Guangdong Guanghua Sci-Tech Co.Ltd(002741) (002741. SZ), Eastern Pioneer Driving School Co.Ltd(603377) (603377. SH), Yunnan Xiyi Industrial Co.Ltd(002265) (002265. SZ), Guangzhou Shangpin Home Collection Co.Ltd(300616) (300616. SZ), Sanwei Holding Group Co.Ltd(603033) (603033. SH), Changchun Faway Automobile Components Co.Ltd(600742) (600742. SH), Northland (430047. BJ) and other 11 A-share listed companies issued new fixed increase plans, and the total fund-raising amount is expected to be about 9.818 billion yuan.
Last week, only Yto Express Group Co.Ltd(600233) (600233. SH) A-share company disclosed the fixed increase results. On December 4, the company disclosed that it completed the non-public offering of about 270 million shares at RMB 14.04/share, and the total amount of funds actually raised was RMB 3.790 billion. The issuing objects were finally determined as 16. Harvest Fund subscribed 37891700 shares with 532 million yuan, UBS AG subscribed 36445900 shares with 512 million yuan, ranking second, e fund subscribed 29558400 shares with 415 million yuan, and two funds under Gao Yi ( Dongguan Golden Sun Abrasives Co.Ltd(300606) Gao Yi Guolu No. 1 Chongyuan fund and Gao Yi Xiaofeng No. 2 letter fund) were allocated a total of 275 million yuan.
In addition, last week, 10 listed companies such as Caissa Tosun Development Co.Ltd(000796) (000796. SZ), Jiao Zuo Wan Fang Aluminum Manufacturing Co.Ltd(000612) (000612. SZ), Motic (Xiamen) Electric Group Co.Ltd(300341) (300341. SZ), Zhejiang Narada Power Source Co.Ltd(300068) (300068. SZ), Chengdu Corpro Technology Co.Ltd(300101) (300101. SZ), Guangdong Tloong Technology Group Co.Ltd(300063) (300063. SZ), Joyvio Food Co.Ltd(300268) (300268. SZ), Guangzhou Hangxin Aviation Technology Co.Ltd(300424) (300424. SZ), Sichuan Fulin Transportation Group Co.Ltd(002357) (002357. SZ), Hangzhou Innover Technology Co.Ltd(002767) (002767. SZ) terminated or suspended the relevant share issuance and fund-raising plans.
Beijing Geoenviron Engineering & Technology Inc(603588) raised nearly 2.8 billion yuan for waste resource recovery and Guangdong Guanghua Sci-Tech Co.Ltd(002741) raised 1.25 billion yuan for the recovery of decommissioned lithium iron phosphate batteries
On November 30, Beijing Geoenviron Engineering & Technology Inc(603588) disclosed that the number of shares to be non-public issued does not exceed 318678187, and the fund raised is expected to not exceed 2.758 billion yuan. The objects of this offering are no more than 35 specific objects, including Li Weiguo, the actual controller and chairman of the company, of which Li Weiguo plans to subscribe for the non-public offering of shares of no less than 100 million yuan. After the issuance, Li Weiguo held Beijing Geoenviron Engineering & Technology Inc(603588) 210614886 shares, accounting for 15.25% of the total share capital of the company after the issuance, and remained the largest shareholder of the company. It is reported that Li Weiguo is also the actual controller and chairman of another listed company Beijing Oriental Yuhong Waterproof Technology Co.Ltd(002271) (002271. SZ), holding 22.57% of the shares of Beijing Oriental Yuhong Waterproof Technology Co.Ltd(002271) .
Beijing Geoenviron Engineering & Technology Inc(603588) according to the fixed increase plan, there are three categories of projects to be invested in this time: first, it is planned to invest 1.161 billion yuan in the fund-raising in the comprehensive utilization project of hazardous waste resources, including Jinchang comprehensive utilization project of hazardous waste resources (423 million yuan) and Jiangxi comprehensive recovery and utilization project of polymetallic resources (738 million yuan); The second is to invest 772 million yuan in the domestic waste incineration power generation project, including Yining domestic waste incineration power generation project (phase I) (487 million yuan) and Hezhou domestic waste incineration power generation project (phase II) (285 million yuan); Third, 825 million yuan is proposed to supplement working capital.
On the same day, Guangdong Guanghua Sci-Tech Co.Ltd(002741) released the plan for non-public offering of A-Shares in 2021. It plans to issue no more than 78672148 shares to no more than 35 specific investors. It is expected that the fund-raising will not exceed 1.25 billion yuan. The fund-raising will invest in the high-performance lithium battery material project (1.17 billion yuan) and supplement working capital (80 million yuan).
For the high-performance lithium battery material project, the company uses the cathode powder and cathode sheet obtained from dismantling the retired lithium iron phosphate battery as the main raw materials, and plans to build a comprehensive recovery production line with an annual output of 50000 tons of iron phosphate and 11500 tons of lithium carbonate. The total investment of the project is 1238634500 yuan and the construction period is 18 months; According to Guangdong Guanghua Sci-Tech Co.Ltd(002741) calculation, the investment payback period of the project is 5.63 years (including the construction period), and the annual net profit of reaching production is 231390600 yuan.
However, the last round of financing and investment in lithium battery project failed to bring good benefits to Guangdong Guanghua Sci-Tech Co.Ltd(002741) . In 2018, the company publicly issued convertible corporate bonds and raised 249 million yuan to invest in the construction project of 14000 tons of lithium battery cathode materials per year. At that time, its promised benefit was 27.9836 million yuan; However, the cumulative benefit of the project is -5.291 million yuan.
It should also be noted that on November 29, Sanwei Holding Group Co.Ltd(603033) announced that it planned to issue no more than 46168051 non-public shares to ye Jiyue, the controlling shareholder and actual controller of the company, and the total amount of funds raised by non-public offering of shares would not exceed 1 billion yuan. After deducting the issuance expenses, it would be used to supplement working capital. After the completion of this offering, the total shareholding ratio of controlling shareholders and actual controllers ye Jiyue and Zhang Guiyu is expected to increase to 47.64%.
The share price fell sharply, Eastern Pioneer Driving School Co.Ltd(603377) , Guangzhou Shangpin Home Collection Co.Ltd(300616) withdrew the reissue fixed increase plan
On December 3, Eastern Pioneer Driving School Co.Ltd(603377) released the plan for non-public offering of A-Shares in 2021. According to the plan, the company plans to issue no more than 181959225.00 shares (no more than 25% of the company’s total share capital before the non-public offering) to no more than 35 specific objects. It is estimated that the fund-raising amount will be 1.57 billion yuan, which will be used for the construction project of aviation training aircraft and simulator integrated configuration center (837 million yuan) Intelligent driving training system upgrading and information construction project (RMB 27.3082 million), replenishing working capital and repaying bank loans (RMB 460 million).
At the same time, the company announced that it would terminate the non-public offering of A-Shares in 2020, withdraw the application documents and re declare the non-public offering in 2021 because of “the current changes in national policies and capital market environment, and comprehensively consider many factors such as the actual situation and development planning of the company”. Since November 2020, Eastern Pioneer Driving School Co.Ltd(603377) share price has almost halved.
It is reported that Eastern Pioneer Driving School Co.Ltd(603377) originally planned to raise 2.118 billion yuan. Compared with the two fixed increase fund-raising schemes before and after the adjustment, Eastern Pioneer Driving School Co.Ltd(603377) not only increased the upper limit of the number of shares issued, but also reduced the expected fund-raising amount, deleted the construction project of Chongqing Eastern Pioneer Driving School Co.Ltd(603377) driving training and Examination Center (phase I) (II) (originally planned to use the fund-raising of 377.57 million yuan), and reduced the amount of supplementary working capital and repayment of bank loans (originally planned to use the fund-raising of 630 million yuan).
Similar to Eastern Pioneer Driving School Co.Ltd(603377) , Guangzhou Shangpin Home Collection Co.Ltd(300616) also announced on December 1 that it would withdraw the application documents for issuing shares to specific objects and re declare. According to the interface news, since June 25, 2021, Guangzhou Shangpin Home Collection Co.Ltd(300616) share price has fallen nearly 43%.
On June 25, Guangzhou Shangpin Home Collection Co.Ltd(300616) disclosed that it plans to issue no more than 8278125 shares to Beijing Jingdong Century Trading Co., Ltd. (hereinafter referred to as “Beijing Jingdong”) at a non-public price of 4.56 yuan / share, with a total fund-raising of no more than 534435800 yuan. All the net funds raised after deducting the issuance expenses will be used for the construction project of Chengdu weishang production base. However, Guangzhou Shangpin Home Collection Co.Ltd(300616) said that as of the disclosure date of this announcement, Beijing Jingdong held 9933800 shares of the company, accounting for about 5% of the total share capital of the company and was a related party of the company.
On December 1, Guangzhou Shangpin Home Collection Co.Ltd(300616) released a new fixed increase plan, which shows that the company plans to issue no more than 59602500 shares to no more than 35 qualified objects. It is expected to raise no more than 800 million yuan, and the funds are still mainly used for the construction project of Chengdu weishang production base.
In addition, Yunnan Xiyi Industrial Co.Ltd(002265) announced on December 3 that it plans to purchase 100% equity of construction industry held by it by issuing shares and paying cash to ordnance equipment group; Meanwhile, the company plans to issue non-public shares to no more than 35 specific investors, and the total amount of supporting funds raised shall not exceed 100% of the transaction price of purchasing assets by issuing shares in this transaction, and the number of shares issued shall not exceed 30% of the total share capital of the listed company before this transaction. The supporting funds raised this time are intended to be used for cash consideration and Pay taxes and intermediary fees related to this transaction, supplement working capital, etc. On December 6, Yunnan Xiyi Industrial Co.Ltd(002265) ushered in the daily limit, which rose 9.98% to 9.15 yuan / share.
10 companies “stopped” fixed growth, Zhejiang Narada Power Source Co.Ltd(300068) and other replies expired, and the reorganization of Caissa Tosun Development Co.Ltd(000796) and Utour Group Co.Ltd(002707) ended
Last week, 10 A-share listed companies such as Caissa Tosun Development Co.Ltd(000796) , Zhejiang Narada Power Source Co.Ltd(300068) , Guangdong Tloong Technology Group Co.Ltd(300063) pressed the termination key or suspension key for share issuance and financing.
Among them, Motic (Xiamen) Electric Group Co.Ltd(300341) , Zhejiang Narada Power Source Co.Ltd(300068) , Guangzhou Hangxin Aviation Technology Co.Ltd(300424) and other companies are cancelled upon expiration. The approval for the fixed increase of Motic (Xiamen) Electric Group Co.Ltd(300341) to raise 740 million yuan will expire on December 4, 2021, Zhejiang Narada Power Source Co.Ltd(300068) the approval for the registration of the fixed increase plan to raise 1.416 billion yuan will also expire, and the issuance resolution of the general meeting of shareholders to raise 675 million yuan will be cancelled at the expiration of the validity period.
On December 3, Zhejiang Narada Power Source Co.Ltd(300068) disclosed that the company’s plan to issue shares to specific objects obtained the registration approval on December 4, 2020. However, due to changes in the capital market environment, financing opportunities and other factors, the company failed to complete within the validity period of the approval document, and the approval of the CSRC on the registration of the company’s issuance of shares to specific objects will automatically become invalid when it expires. According to the original plan, the company will issue no more than 257922267 non-public shares to no more than 35 specific investors, and it is expected to raise no more than 1.416 billion yuan. It is mainly used to invest in the construction project of 2000mwh5g communication and energy storage lithium battery (568.44 million yuan), the construction project of 2000mwh high-energy density power lithium battery (300 million yuan), the new energy battery R & D Center Project (147.2544 million yuan) Supplement working capital (400 million yuan).
In addition, Caissa Tosun Development Co.Ltd(000796) terminated the supporting share issuance financing plan for major asset restructuring. Previously, on June 28, Caissa Tosun Development Co.Ltd(000796) and Utour Group Co.Ltd(002707) (002707. SZ) signed the plan for Caissa Tosun Development Co.Ltd(000796) share exchange, absorption and merger Utour Group Co.Ltd(002707) and raising supporting funds and related party transactions. According to the plan, Caissa Tosun Development Co.Ltd(000796) plans to purchase assets with a transaction amount of 6.244 billion yuan for share exchange absorption and merger Utour Group Co.Ltd(002707) , and Caissa Tosun Development Co.Ltd(000796) plans to issue A-Shares to no more than 35 specific investors to raise matching funds of no more than 1.7 billion yuan. The share exchange price of Utour Group Co.Ltd(002707) is based on 5.74 yuan / share, on which a premium rate of 20% is given, that is, 6.89 yuan / share; Once the M & A is completed, Utour Group Co.Ltd(002707) will be cancelled and delisted.
However, after planning for more than five months, the reorganization was terminated, Caissa Tosun Development Co.Ltd(000796) explained that the major asset reorganization adopted the method of absorption and merger, involving many links, and continued to promote the major asset reorganization may face great uncertainty risks due to the covid-19 pneumonia epidemic and the changes in the market environment of the transaction.
Drawing: Guo Jingjing
After the investigation of Guangdong Tloong Technology Group Co.Ltd(300063) letter Phi’s violation, the fixed increase of 1 billion was terminated, and the Joyvio Food Co.Ltd(300268) raised investment project was completed ahead of schedule
In addition, on December 2, Guangdong Tloong Technology Group Co.Ltd(300063) announced that since the company first announced the refinancing plan (April 16, 2021), many changes have taken place in the market environment. Considering the actual situation and development strategy of the company, the company has carefully analyzed and communicated with intermediaries, The company decides to terminate the issue of shares to specific objects and applies to Shenzhen stock exchange for withdrawal of relevant application documents. The company originally planned to issue no more than 225060585 non-public shares to no more than 35 specific investors, and is expected to raise no more than 1 billion yuan. It is mainly used to invest in the construction project of full link intelligent advertising content production platform (500 million yuan), advertising production factor collection and trading system project (200 million yuan) and supplement working capital (300 million yuan). Since April 16 this year, the company’s share price has fallen by more than 13%; The latest share price on December 6 was 4.23 yuan / share.
On November 18, Guangdong Tloong Technology Group Co.Ltd(300063) and relevant responsible personnel received the decision on administrative supervision measures ([2021] No. 119) issued by Guangdong securities regulatory bureau, which was decided by Guangdong securities regulatory bureau to issue a warning letter. According to the results of the on-site inspection conducted by Guangdong Securities Regulatory Bureau on the company, Guangdong Tloong Technology Group Co.Ltd(300063) has “ten crimes”, namely, failing to disclose the cancellation of the resolutions of the general meeting of shareholders and the board of directors of the company and its subsidiaries according to law, failing to timely disclose the compulsory measures taken by the public security organ by the company’s executives, failing to disclose the follow-up progress of litigation matters as required, and failing to perform the review procedures of related party transactions as required, The provision of goodwill impairment loss is inaccurate, different accounting policies are adopted to recognize the rebate income, some business income and costs of the sun company are recognized across periods, the reversal of expected credit loss is lack of sufficient basis, some expenses of the sun company are recognized across periods, and the relevant provisions on the registration and management of insider information are not implemented in place.
Chengdu Corpro Technology Co.Ltd(300101) said “reluctantly” on December 2 that in view of the first instance judgment result of the dissolution lawsuit of Chengdu Guoteng Electronics Group Co., Ltd., the controlling shareholder of the company, and because it was unable to perform the necessary due diligence procedures, recently, the sponsor Guosen Securities Co.Ltd(002736) informed that it would suspend the promotion of the company’s issuance of A-Shares to specific targets. In March 2021, the company originally planned to raise no more than 185 million yuan for the R & D and industrialization project of Beidou 3 multifunctional core chip and supplement working capital.
On December 2, Joyvio Food Co.Ltd(300268) said that the construction progress of the main project invested by raised funds was ahead of schedule. The construction has been completed and is in the process of equipment commissioning. It is about to be completed and put into operation. In order to make the issuance plan better match the company’s next development needs, the company decides to terminate the issue of shares to specific objects and apply to Shenzhen Stock Exchange to withdraw relevant application documents; Subsequently, the company will adjust the issuance scheme according to the strategic plan for 2022-2024, and re declare after the scheme adjustment is completed. In May 2021, the company originally planned to raise no more than 920 million yuan for Chile salmon intelligent factory project, Chile salmon breeding system intelligent upgrading project, 3R food innovation center and R & D project, brand and marketing channel construction project and supplementary working capital (including development bank expenses).
The lead underwriter unilaterally decided to terminate the issuance, and the plan of Jiao Zuo Wan Fang Aluminum Manufacturing Co.Ltd(000612) major shareholders to become actual controllers by fixed increase failed
Jiao Zuo Wan Fang Aluminum Manufacturing Co.Ltd(000612) admitted on December 3 that the company’s lead underwriter Dongxing Securities Corporation Limited(601198) decided to terminate the company’s non-public offering of shares in 2020 because it was unable to complete the submission of underwriting summary documents.
According to the fixed increase plan issued by the company on June 2, 2020, the company plans to issue no more than 341880341 shares at a price of 3.51 yuan / share. The issuing objects are Zhangshu City, the largest shareholder of the company, Taian Cheng investment management center, and Hangzhou Zhengcai Holding Group Co., Ltd., the affiliated company of Hangzhou Jintou Jinzhong investment partnership, the second shareholder, respectively, with a subscription amount of no more than 228234767 shares and 113645574 shares. The fund-raising is expected to be no more than 1.2 billion yuan, which is planned to supplement working capital or repay the company’s debts. However, according to the newly revised fixed increase plan, Jiao Zuo Wan Fang Aluminum Manufacturing Co.Ltd(000612) the upper limit of the number of non-public offering shares was reduced to 216 million shares, the fund-raising amount was adjusted to no more than 747.36 million yuan, and the issue price was reduced to 3.46 yuan / share.
According to the latest fixed increase plan, after this non-public offering, the largest shareholder and Tai’an Cheng will hold 29.99% equity of the listed company and remain the largest shareholder of the listed company; At that time, the number of shares held by the largest shareholder of the company will be significantly ahead of other shareholders of the company. The company will be changed into an enterprise with controlling shareholders and actual controllers. The largest shareholder will become the controlling shareholder and Huo bin, the actual controller of the largest shareholder, will become the actual controller of the listed company.
However, this plan must be opposed by the company’s directors. Jiao Zuo Wan Fang Aluminum Manufacturing Co.Ltd(000612) announced on December 2 that on November 19, 2021, the company informed all directors to confirm to sign relevant documents after reviewing the report on stock issuance and listing announcement of non public development banks in 2020 (hereinafter referred to as “listing announcement”). During this period, one director failed to sign the relevant documents of the listing announcement, and the company carefully discussed, studied and analyzed with the lawyer of Beijing Tongshang law firm, the legal consultant undertaking the non-public offering. Tongshang lawyer believes that one director failed to sign the relevant documents of the listing announcement for the non-public offering, In accordance with the procedural requirements set forth in Article 82 of the securities law, it shall not constitute a failure to meet the substantive legal conditions for this offering.
According to the announcement of Jiao Zuo Wan Fang Aluminum Manufacturing Co.Ltd(000612) , subsequently, the lead underwriter Dongxing Securities Corporation Limited(601198) notified the company to unilaterally decide to terminate the non-public offering on the grounds that a director of the company failed to sign the listing announcement and was unable to complete the submission of underwriting summary documents. Beijing Tianda Gonghe (Shenzhen) law firm sent a letter to the opinion that, according to Article 82 of the securities law, the directors’ signing of the relevant documents of the listing announcement is the requirement of fulfilling the directors’ duty of diligence, and the failure of one director to sign the listing announcement does not constitute a legal cause for Dongxing Securities Corporation Limited(601198) unilateral termination of the non-public offering, Dongxing Securities Corporation Limited(601198) the above acts also violate the provisions of the sponsorship and underwriting agreement signed with the company.
(interface News)
