Stock Abbreviation: Zhongyuan Shares
Stock Code: 300018
Wuhan Zhongyuan Huadian Science & Technology Co., Ltd.
(No. 6, Keji Yuan 6th Road, East Lake High-tech Development Zone, Wuhan, Hubei, China)
2025 Annual Issuance of A-Shares to Specific Targets
Prospectus
(Registration Draft)
Sponsor (Lead Underwriter)
(No. 111, Fuhua 1st Road, Futian Street, Futian District, Shenzhen)
July 2026
Declaration
The company and all directors, members of the audit committee, and senior management promise that the contents of this prospectus are true, accurate, and complete, without false records, misleading statements, or major omissions. They undertake to fulfill their commitments in accordance with the principle of good faith and bear corresponding legal liabilities.
The company's person-in-charge, the person-in-charge of accounting work, and the person-in-charge of the accounting institution guarantee the truthfulness and completeness of the financial and accounting information in this prospectus.
Any decision or opinion made by the China Securities Regulatory Commission or the stock exchange regarding this issuance does not imply a guarantee of the truthfulness, 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 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 caused by changes in the issuer's operations and earnings or fluctuations in securities prices after the issuance.
The listed company and the subscribers for this issuance, Zhu Shuangquan and Zhu Shunquan, have issued commitments that if this issuance obtains the registration approval from the China Securities Regulatory Commission, the issuance will be completed within the validity period of the registration approval.
Important Matters Notice
The company reminds investors to carefully read the full text of this prospectus and pay special attention to the following important matters before making investment decisions.
I. Overview of the Issuance
-
Matters related to this issuance of shares to specific targets have been deliberated and approved by the company's 14th (extraordinary) meeting of the 6th Board of Directors, the 19th (extraordinary) meeting of the 6th Board of Directors, and the 2025 1st Extraordinary General Meeting. It has passed the Shenzhen Stock Exchange review and is subject to registration by the China Securities Regulatory Commission before implementation.
-
The targets of this issuance are Zhu Shuangquan and Zhu Shunquan. The targets will subscribe for the shares in cash. The actual controllers of the company are Zhu Shuangquan, Zhu Shunquan, and Zhu Mengqian; this issuance constitutes a related-party transaction. During the deliberation of the issuance proposal by the Board of Directors and the General Meeting, the related directors and shareholders abstained from voting.
-
The pricing base 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 base date. If ex-rights or ex-dividend events such as dividend distribution, bonus shares, or capitalization of capital reserves occur between the pricing base date and the issuance date, the issue price will be adjusted accordingly.
-
The number of shares to be issued to specific targets is determined by dividing the total amount of raised funds by the issue price (if the result is not a whole number, the fractional part shall be rounded down), not exceeding 30% of the company's total share capital before the issuance and not exceeding 61,350,000 shares (inclusive).