001376SZSE
🚨 Material Event

Prospectus for the 2025 Issuance of Shares to Specific Targets and Listing on the Main Board of Jiangxi Bestoo Energy Co., Ltd. (Registration Draft)

Jiangxi Bestoo Energy Co., Ltd.··107 pages

✨ AI Summary

Jiangxi Bestoo Energy Co., Ltd. plans to issue shares to its controlling shareholder, Beijing Bestoo Universe Technology Co., Ltd., to raise up to 272.845 million RMB. The proceeds will be used to supplement working capital and repay loans. The issuance has been approved by the Shenzhen Stock Exchange and registered with the CSRC. This move will not change the company's controlling shareholder or actual controller.

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Full Translation

AI Translation· gemini_document

Stock Abbreviation: Bestoo Energy

Stock Code: 001376

Jiangxi Bestoo Energy Co., Ltd.

(Jiangxi Bestoo Energy Co., Ltd.)

(Room 2202, Building 2, Century Xinchen Mansion, No. 917 Fenglin West Street, Nanchang Economic and Technological Development Zone, Nanchang City, Jiangxi Province)

Prospectus for the 2025 Issuance of Shares to Specific Targets and Listing on the Main Board

(Registration Draft)

Sponsor (Lead Underwriter)

Huatai United Securities Co., Ltd.

(Room 401, Building B7, Qianhai Shenzhen-Hong Kong Fund Town, No. 128 Guiwan 5th Road, Nanshan Street, Qianhai Shenzhen-Hong Kong Cooperation Zone, Shenzhen)

Announcement Date: July 2026

Statement

The Company and all directors and senior management warrant that the prospectus and other information disclosure materials do not contain any false records, misleading statements, or major omissions, and assume corresponding legal liability for their authenticity, accuracy, and completeness.

The person in charge of the Company, the person in charge of accounting work, and the person in charge of the accounting institution guarantee that the financial and accounting information in the prospectus is true, accurate, and complete.

Any decision or opinion made by the CSRC or the exchange regarding this issuance does not indicate their guarantee of the authenticity, accuracy, or completeness of the application documents and disclosed information, nor does it constitute a substantive judgment or guarantee of the issuer's profitability, investment value, or investor returns. Any statement to the contrary is a false and untrue statement.

According to the Securities Law, after the securities are issued in accordance with the law, the issuer is responsible for changes in its operations and earnings. 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.

Important Matters Notice

I. Overview of the Issuance of Shares to Specific Targets

The Company specifically reminds investors to read the full content of this prospectus carefully before making investment decisions and to pay special attention to the following important matters.

  1. The relevant matters for this issuance of shares to specific targets have been deliberated and approved by the 5th meeting of the 4th Board of Directors, the 8th meeting of the 4th Board of Directors, and the 2025 3rd Extraordinary General Meeting, and have been revised and approved by the 11th meeting of the 4th Board of Directors and the 14th meeting of the 4th Board of Directors. This issuance has been approved by the Shenzhen Stock Exchange and registered with the CSRC.

  2. The target of this issuance is the controlling shareholder, Beijing Bestoo Universe Technology Co., Ltd., which intends to subscribe for the shares in cash. Before this issuance, the controlling shareholder is Bestoo Universe, and the actual controller is Mr. Zhang Chunlong. Mr. Zhang Chunlong and his persons acting in concert collectively control 52.83% of the company's equity. According to Article 63 of the Administrative Measures for the Takeover of Listed Companies, Bestoo Universe's subscription for these shares is exempt from a tender offer.

On January 13, 2026, the controlling shareholder, Nanchang Bestoo Environmental Protection Technology Co., Ltd., changed its name to "Beijing Bestoo Universe Technology Co., Ltd." (abbreviated as "Bestoo Universe") with the approval of the Beijing Xicheng District Market Supervision Administration. The name of the issuance target has changed, but the target itself remains unchanged.

  1. The pricing benchmark date for this issuance is the first day of the issuance period. The issue price shall not be lower than 80% of the average trading price of the company's shares for the 20 trading days preceding the pricing benchmark date (average trading price for the 20 trading days = total trading volume for the 20 trading days / total trading volume for the 20 trading days).

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