002979SZSE
🚨 Material Event

Leadshine Technology Co., Ltd. Prospectus for Issuance of Shares to Specific Targets (Registration Draft)

China Leadshine Technology Co., Ltd.··146 pages

✨ AI Summary

Leadshine Technology Co., Ltd. is issuing shares to no more than 35 specific investors to raise up to 1.144 billion RMB. The proceeds will fund the R&D and industrialization of motion control components, information system upgrades, and working capital. This issuance has been approved by the company's board and shareholders and is currently awaiting registration approval from the China Securities Regulatory Commission.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· gemini_document

Stock Abbreviation: Leadshine Technology

Stock Code: 002979

Leadshine Technology Co., Ltd.

Prospectus for Issuance of Shares to Specific Targets

(Registration Draft)

Sponsor (Lead Underwriter): CITIC Securities Co., Ltd.

Signing Date: July 2026

Declaration

The Company and all directors, members of the audit committee, and senior management warrant that the prospectus and other information disclosure materials do not contain any false records, misleading statements, or material 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 (accounting supervisor) guarantee that the financial and accounting data in this prospectus are true, accurate, and complete.

Any decisions or opinions made by the China Securities Regulatory Commission 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 of the issuer's profitability, investment value, or investor returns. Any statements to the contrary are false and untrue.

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.

This prospectus is the Company's explanation of this issuance of shares to specific targets and their listing. Any statements to the contrary are untrue.

Investors with any questions should consult their stockbroker, lawyer, professional accountant, or other professional advisor.

Important Matters Notice

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

I. Information on the Issuance of Shares to Specific Targets

  1. The plan for the issuance of shares to specific targets has been reviewed and approved by the 23rd meeting of the 5th Board of Directors and the 2nd Extraordinary General Meeting of 2025. It has been reviewed and approved by the Shenzhen Stock Exchange and is subject to the registration approval of the China Securities Regulatory Commission before implementation. The final issuance plan shall be subject to the plan approved by the China Securities Regulatory Commission.

  2. The targets of this issuance are no more than 35 specific investors, including securities investment fund management companies, securities companies, trust companies, finance companies, insurance institutional investors, qualified foreign institutional investors, and other legal entities, natural persons, or other institutional investors that meet the requirements of the China Securities Regulatory Commission. If a securities investment fund management company, securities company, qualified foreign institutional investor, or RMB qualified foreign institutional investor subscribes for shares with two or more products under its management, it shall be regarded as one issuance target. Trust companies acting as issuance targets may only subscribe with their own funds.

The final issuance targets will be determined by the Board of Directors within the scope of authorization by the General Meeting of Shareholders, in consultation with the sponsor (lead underwriter) based on the subscription situation after the Company receives the registration approval from the China Securities Regulatory Commission.

All issuance targets shall subscribe for the shares in this issuance in cash.

  1. The pricing base date for this issuance of shares to specific targets is the first day of the issuance period. The issuance 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 base date (average trading price for the 20 trading days preceding the pricing base date = total trading volume of shares for the 20 trading days preceding the pricing base date / total trading volume of shares for the 20 trading days preceding the pricing base date).

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.