000516SZSE
🚨 Material Event

Prospectus (Application Draft)

✨ AI Summary

Xi'an International Medical Investment Co., Ltd. is issuing shares to specific targets to fund smart elderly care and proton therapy projects. The company faces risks including potential underutilization of new facilities, long investment recovery periods, and ongoing financial losses. Despite recent efforts to reduce losses, the company remains sensitive to healthcare policy changes and medical insurance payment reforms. This prospectus outlines the operational risks and financial outlook associated with the proposed capital raise.

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Full Translation

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Stock Code: 000516 Stock Abbreviation: International Medical

Xi'an International Medical Investment Co., Ltd.

(5th Floor, Baozhang Building, No. 16 Tuanjie South Road, High-tech Zone, Xi'an, Shaanxi Province)

Prospectus (Application Draft)

Sponsor (Lead Underwriter)

Guotai Haitong Securities Co., Ltd.

(No. 618 Shangcheng Road, China (Shanghai) Pilot Free Trade Zone)

July 2026

Statement

  1. The company and all members of the Board of Directors guarantee that the contents of this prospectus are true, accurate, and complete, and confirm that there are no false records, misleading statements, or major omissions. The person in charge of the company, the person in charge of accounting work, and the person in charge of the accounting department guarantee that the financial and accounting information in this prospectus is true and complete.

  2. This prospectus is prepared in accordance with the "Administrative Measures for the Registration of Securities Issuance by Listed Companies," the "Content and Format Standards for Information Disclosure by Companies Offering Securities to the Public No. 61 — Prospectus and Issuance Report for Securities Issued by Listed Companies to Specific Targets," and other requirements. This prospectus is the Board of Directors' explanation of this issuance of shares to specific targets; any contrary statements are untrue.

  3. Any decisions or opinions made by the China Securities Regulatory Commission (CSRC) or the Shenzhen Stock Exchange regarding this issuance do not imply their guarantee of the authenticity, accuracy, or completeness of the application documents and disclosed information, nor do they constitute a substantive judgment or guarantee regarding the issuer's profitability, investment value, or investor returns. Any contrary statements are false.

  4. In accordance with the "Securities Law," the issuer is solely responsible for changes in its operations and earnings after the securities are issued according to law. Investors shall independently judge the investment value of the issuer, make their own investment decisions, and bear the investment risks arising from changes in the issuer's operations and earnings or fluctuations in securities prices after the issuance.

  5. If investors have any questions, they should consult their stockbroker, lawyer, professional accountant, or other professional advisor.

  6. The matters stated in this prospectus do not represent a substantive judgment, confirmation, approval, or registration consent by the approval authorities regarding the matters related to this issuance of shares to specific targets. The effectiveness and completion of the matters related to this issuance are subject to the approval or registration consent of the relevant authorities.

Major Matters Notice

The company specifically requests that investors carefully read the full text of this prospectus and pay special attention to the following important matters before making investment decisions.

I. Risks the Company Specifically Requests Investors to Note

The company requests that investors carefully read the full text of "Section VI: Risk Factors Related to This Issuance" in this prospectus and pay special attention to the following risks:

(I) Risk of Underutilization of Fund-Raising Projects

The implementation site for the Smart Elderly Care Project is the North Campus of Xi'an International Medical Center Hospital. This campus currently has some underutilized beds, and the company plans to convert these medical beds into specialized elderly care beds to revitalize existing assets and improve utilization efficiency. The Smart Elderly Care Project plans for 1,920 operating beds. The company expects the occupancy rates for years 1-7 after project completion to be 37%, 48%, 62%, 75%, 82%, 89%, and 94% respectively, stabilizing at 95% from the 8th year onwards, which is a high level of predicted occupancy. Influenced by industry development and market competition, the actual occupancy rate may not reach the predicted level. If the occupancy rate is lower than expected, the asset revitalization effect will be less than expected, and there is a risk that some beds in the North Campus will remain idle.

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