Stock Abbreviation: Orient Zirconic
Stock Code: 002167
Guangdong Orient Zirconic Ind Sci & Tech Co., Ltd.
(Comprehensive Building, Orient Zirconic Park, North of Dingyang Road, Yanhong Town, Chenghai District, Shantou City, Guangdong Province)
2026 Non-Public Offering of A-Shares
Prospectus
(Application Draft)
Sponsor (Lead Underwriter): Shenwan Hongyuan Financing Services Co., Ltd.
(Room 2004, 20th Floor, Dacheng International Building, No. 358 Beijing South Road, High-tech Zone (New Urban District), Urumqi, Xinjiang)
July 2026
Declaration
The Company and all directors and senior management warrant that this prospectus contains no false records, misleading statements, or major omissions, and assume legal responsibility for its authenticity, accuracy, and completeness.
The Company's person-in-charge, the person-in-charge of accounting work, and the person-in-charge of the accounting institution guarantee the authenticity and completeness of the financial and accounting data in this prospectus.
Any decisions or opinions made by the China Securities Regulatory Commission (CSRC) or the 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 of the issuer's profitability, investment value, or investor returns. Any statement to the contrary is a false representation.
According to the Securities Law, after the securities are issued in accordance with the law, the issuer is solely 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 Notice
The Company specifically requests investors to carefully read the full text of this prospectus and pay special attention to the following important matters before making investment decisions.
I. Special Risk Warning
The Board of Directors specifically reminds investors to carefully read the contents of "Chapter V: Risk Factors Related to This Issuance" in this prospectus and pay attention to investment risks. In particular, investors should note the following risks:
(I) Macroeconomic Volatility
The Company's zirconium series products have a wide range of applications. In addition to special ceramics, bioceramics, artificial gemstones, ceramic pigments, and high-grade refractory materials, the products from the Company's current fundraising projects can be applied to multiple emerging fields such as nuclear energy, biomedicine, aerospace, and new energy. Demand from downstream industry clients fluctuates due to macroeconomic conditions and industry cycles. Risks such as intense market competition and rapid technological iteration are increasing due to industry prosperity, policy guidance, and market supply-demand changes.
In recent years, affected by geopolitical conflicts, slowing domestic and international economic growth, and global supply chain disruptions, China's macroeconomic growth faces significant downward pressure, impacting various industries to varying degrees. If macroeconomic growth declines significantly in the future, or if the industry experiences severe overcapacity, or if the industrialization of downstream emerging fields is delayed, it may affect client demand for the Company's products, leading to a decline in market prices for zirconium series products and adversely affecting the Company's future profitability.
(II) International Politics and Trade Friction Risk
The Company's products are oriented toward the global market, with clients across multiple countries and regions. Overseas sales primarily cover Asia, Europe, and North America. During the reporting period, the Company's overseas revenue was 190.8475 million yuan, 283.5176 million yuan, and 293.6153 million yuan, accounting for 13.20%, 18.38%, and 23.59% of sales revenue, respectively. Furthermore, domestic supply of zircon sand relies primarily on imports.