Securities code: 300752 securities abbreviation: Shenzhen Longli Technology Co.Ltd(300752) Announcement No.: 2022-011 Shenzhen Longli Technology Co.Ltd(300752)
Filling measures for diluting immediate return by issuing shares to specific objects
And risk warning (Revised Version)
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
Shenzhen Longli Technology Co.Ltd(300752) (hereinafter referred to as “the company”) intends to issue shares to specific objects (hereinafter referred to as “this issuance” or “this issuance to specific objects”). In accordance with the relevant requirements of the opinions of the general office of the State Council on Further Strengthening the protection of the legitimate rights and interests of small and medium-sized investors in the capital market (GBF [2013] No. 110) and the guiding opinions on matters related to initial public offering, refinancing and dilution of immediate return for major asset restructuring (CSRC announcement [2015] No. 31) of the CSRC, in order to protect the right to know of small and medium-sized investors To safeguard the interests of small and medium-sized investors, the company analyzed the possible impact of the issuance of shares to specific objects on the immediate return, and formulated specific measures to fill the return. The relevant subjects made a commitment that the company’s measures to fill the return can be effectively implemented. The details are as follows: I. The impact of this issuance on the company’s main financial indicators
(I) calculation assumptions and premises
1. It is assumed that this offering is expected to be completed in November 2021. The completion time is only used to calculate the impact of this issuance on diluted immediate return, and does not constitute a commitment to the actual completion time. Finally, the actual completion time registered by the CSRC shall prevail.
2. It is assumed that the total amount of funds raised from this issuance to specific objects is 1002 million yuan, and the impact of deducting issuance expenses is not considered; Assuming that the total share capital of the company on December 31, 2020 is 120.5223 million shares, the upper limit of this issuance is 36.1566 million shares. The above only considers the impact of this issuance of shares to specific objects, and does not consider the impact of other factors (such as conversion of capital reserve into share capital, conversion of convertible bonds into shares, equity incentive, share repurchase and cancellation, etc.) on the total share capital of the company. The above assumed number of shares issued is only used to calculate the impact of the diluted immediate return of the shares issued to specific objects on the main financial indicators, and is not used as the prediction of the final number of shares issued. It will be finally determined according to the registration reply of the CSRC, the actual number of shares issued, inquiry, etc;
3. It is assumed that there are no major changes in the macroeconomic environment, industrial policies, industrial development and product market;
4. This calculation does not take into account the impact on the company’s production and operation and financial status (such as financial expenses and investment income) after the arrival of the funds raised by this issuance;
5. In 2020, the audited net profit attributable to the shareholders of the parent company was 43.4561 million yuan, and the net profit attributable to the shareholders of the parent company after deducting non recurring profits and losses was 12.4585 million yuan. It is assumed that the net profit attributable to the shareholders of the parent company in 2021 and the net profit attributable to the shareholders of the parent company after deducting non recurring profits and losses are flat, reduced by 10% and increased by 10% respectively compared with 2020;
6. As of December 31, 2020, the owner’s equity attributable to the listed company was 88.07301 million yuan; It is assumed that the owner’s equity attributable to the listed company as of December 31, 2021 = the owner’s equity attributable to the listed company at the beginning of 2021 + the net profit attributable to the listed company in 2021 + the owner’s equity increased by issuing shares. It is assumed that when predicting the net assets of the company after issuance, the impact of other factors other than the raised funds and net profits on the net assets is not considered;
7. The impact of restricted stocks and convertible bonds on the company will not be considered temporarily;
8. It is assumed that except for this issuance and the above matters, the company will not carry out other acts that will have an impact or potential impact on the total share capital of the company;
9. The above assumptions are only to calculate the impact of the diluted immediate return of this issuance on the company’s main financial indicators, and do not represent the company’s commitment to the profitability and cash dividends in 2021, nor the company’s judgment on the operation and trend in 2021.
(II) impact on the company’s main financial indicators
Based on the above assumptions, the impact of this issuance on the company’s main financial indicators is calculated as follows:
Year 2021 / December 31, 2021
The project does not consider this issuance in 2020 / 2020. It will be issued on December 31 (completed in November 2021)
Total share capital (10000 shares) 12052.23 12052.23 15667.90
Assumption 1: the net profit in 2021 is the same as that in 2020
Net profit attributable to shareholders of the parent company 4345.61 4345.61 4345.61
Year 2021 / December 31, 2021
The project does not consider this issuance in 2020 / 2020. It will be issued on December 31 (completed in November 2021)
(10000 yuan)
Net profit attributable to shareholders of parent company after deducting non recurring profit and loss (RMB 10000)
Owner’s right attributable to the parent company at the beginning of the period: 81149.53 88073.01 88073.01 profit (10000 yuan)
At the end of the period, the owner’s right attributable to the parent company was 88073.01, 92418.63 and 19261863.63 yuan (10000 yuan)
Basic earnings per share (yuan / share) 0.36 0.36 0.35
Basic income per 0.10 0.10 shares after deducting non recurring profits and losses (yuan / share)
Net assets per share (yuan) 7.31 7.67 12.29
Weighted average return on net assets 5.25%, 4.82%, 4.41%
After deducting non recurring profits and losses, the weighted average return on net assets is 1.50%, 1.38% and 1.26%
Assumption 2: the net profit in 2021 will decrease by 10% compared with that in 2020
Net profit attributable to shareholders of the parent company: 4345.61 3911.05 yuan
Net profit attributable to shareholders of the parent company after deducting non recurring profits and losses (RMB 10000)
Owner’s right attributable to the parent company at the beginning of the period: 81149.53 88073.01 88073.01 profit (10000 yuan)
Owner’s rights attributable to the parent company at the end of the period 88073.01 91984.07 19218407 (10000 yuan)
Basic earnings per share (yuan / share) 0.36 0.32 0.32
Basic income per 0.10 0.09 0.09 share after deducting non recurring profit and loss (yuan / share)
Net assets per share (yuan) 7.31 7.63 12.27
Weighted average return on net assets 5.25%, 4.34%, 3.98%
After deducting non recurring profits and losses, the weighted average return on net assets is 1.50%, 1.25%, 1.14%
Assumption 3: the net profit in 2021 will increase by 10% compared with that in 2020
Net profit attributable to shareholders of parent company: 434561.478018 yuan
Net profit attributable to shareholders of the parent company after deducting non recurring profits and losses (RMB 10000)
Owner’s right attributable to the parent company at the beginning of the period: 81149.53 88073.01 88073.01 profit (10000 yuan)
Owner’s rights attributable to the parent company at the end of the period 88073.01 92853.19 19305319 (RMB 10000)
Year 2021 / December 31, 2021
The project does not consider this issuance in 2020 / 2020. It will be issued on December 31 (completed in November 2021)
Basic earnings per share (yuan / share) 0.36 0.40 0.39
Basic income per 0.10 0.11 0.11 shares after deducting non recurring profits and losses (yuan / share)
Net assets per share (yuan) 7.31 7.70 12.32
Weighted average return on net assets 5.25%, 5.28%, 4.84%
After deducting non recurring profits and losses, the weighted average return on net assets is 1.50%, 1.51% and 1.39%. Note: 1. The above calculation does not take into account the impact on the company’s operation after the arrival of the raised funds from this issuance.
2. The basic earnings per share and weighted average return on net assets are calculated in accordance with the provisions of rules for the preparation of information disclosure of companies offering securities to the public No. 9 – Calculation and disclosure of return on net assets and earnings per share (revised in 2010). 3. Basic earnings per share = P ÷ s, s = S0 + S1 + Si × Mi÷M0 － Sj × Mj÷M0－Sk。 Where: P is the net profit attributable to common shareholders of the company or the net profit attributable to common shareholders after deducting non recurring profits and losses; S is the weighted average number of common shares outstanding; S0 total number of shares at the beginning of the period; S1 is the number of shares increased due to the conversion of provident fund into share capital or stock dividend distribution in the reporting period; Si is the number of shares increased due to the issuance of new shares or debt to equity swap in the reporting period; SJ is the number of shares reduced due to repurchase, etc. in the reporting period; SK is the number of reduced shares in the reporting period; M0 number of months in the reporting period; Mi is the number of months from the next month to the end of the reporting period; MJ is the number of months from the next month to the end of the reporting period.
4. Weighted average return on net assets = P / (E0 + NP ÷ 2 + EI) × Mi÷M0 － Ej × Mj÷M0±Ek × Mk÷M0）。 Where: P corresponds to the net profit attributable to the common shareholders of the company and the net profit attributable to the common shareholders of the company after deducting non recurring profits and losses; NP is the net profit attributable to the common shareholders of the company; E0 is the net assets at the beginning of the period attributable to the common shareholders of the company;
