Securities Code: 002943
Securities Abbreviation: Yujing Shares
Announcement No.: 2026-047
Hunan Yujing Machine Co., Ltd.
Announcement on Diluted Earnings Per Share, Compensation Measures, and Related Party Commitments for the 2026 Private Placement of Shares
The Company and the entire Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or significant omissions.
In accordance with the "Opinions of the General Office of the State Council on Further Strengthening the Protection of the Legal Rights and Interests of Small and Medium Investors in the Capital Market" (Guo Ban Fa [2013] No. 110), the "Opinions of the State Council on Further Promoting the Healthy Development of the Capital Market" (Guo Fa [2014] No. 17), and the "Guiding Opinions on Matters Concerning the Dilution of Earnings Per Share from Initial Public Offerings, Refinancing, and Major Asset Restructurings" (China Securities Regulatory Commission [2015] No. 31), and other relevant normative documents, in order to protect the interests of the Company and small and medium investors, and in conjunction with the Company's specific situation, the Company has analyzed the impact of this issuance on diluted earnings per share and provided risk warnings. The specific measures to compensate for the dilution of earnings per share have been revised, and related parties have made commitments to ensure the effective implementation of these measures. The specific situation is as follows:
I. Assumptions and Explanations for Financial Indicator Calculations
The Company analyzes the impact of this issuance on the Company's main financial indicators on diluted earnings per share based on the following assumptions. The following assumptions do not constitute any forecasts or commitments. The Company shall not bear any compensation liability for losses incurred by investors based on these assumptions. The issuance plan for this private placement to specific objects and the actual completion time of the issuance shall be subject to the actual situation after the China Securities Regulatory Commission's registration and approval. The specific assumptions are as follows:
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It is assumed that there will be no significant changes in the macroeconomic environment, industrial policies, and industry development status;
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It is assumed that the Company will complete this issuance by the end of September 2026. This completion time is only for calculating the impact of this private placement to specific objects on diluted earnings per share and main financial indicators. The final completion time will be subject to the approval and actual issuance by the China Securities Regulatory Commission;
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The total amount of capital to be raised through this private placement to specific objects is RMB 17,600.00 million, excluding the impact of issuance expenses. It is assumed that the average stock price of the Company for the 20 trading days ending July 30, 2026, is used for calculation, at 80% of the average price.
The number of shares to be issued in this issuance is 5,858,854 shares, which does not exceed 30% of the total share capital of the Company before the issuance. The total amount of capital raised, the issuance price, and the number of shares issued are estimated values only for calculating the impact of diluted earnings per share on the main financial indicators. They do not represent the final total amount of capital raised, the issuance price, or the number of shares issued. This issuance adopts the inquiry-based issuance method. The pricing benchmark date is the first day of the issuance period for this issuance. The issuance price shall not be less than 80% of the average trading price of the Company's stock in the 20 trading days prior to the pricing benchmark date. The actual amount of capital raised in this issuance will be finally determined based on the approval of the regulatory authorities, subscription status, and issuance expenses;