300252SZSE
🚨 Material Event

Prospectus for 2025 Issuance of Shares to Specific Targets via Simplified Procedure by Shenzhen Kingsignal Technology Co., Ltd. (Draft for Declaration)

Kingsignal Technology Co., Ltd.··170 pages

✨ AI Summary

Shenzhen Kingsignal Technology Co., Ltd. plans to issue up to 22,060,119 shares to specific targets via a simplified procedure to raise approximately 277.74 million RMB. The proceeds will primarily fund the expansion of high-speed data center interconnect products and supplement working capital. This issuance has been approved by the board and is subject to final registration with the China Securities Regulatory Commission.

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Full Translation

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Stock Abbreviation: Kingsignal Stock Code: 300252

Shenzhen Kingsignal Technology Co., Ltd. (1st Floor and 19th Floor, Kingsignal Building 1, No. 50 Baolong 2nd Road, Baolong Community, Baolong Street, Longgang District, Shenzhen, Guangdong Province)

2025 Issuance of Shares to Specific Targets via Simplified Procedure Prospectus (Draft for Declaration)

Sponsor (Lead Underwriter) AVIC Securities Co., Ltd.

April 2026

Statement

The Company and all directors and senior management warrant that this 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 department guarantee the authenticity and completeness of the financial and accounting information in this prospectus.

Any decision or opinion made by the China Securities Regulatory Commission or the Shenzhen Stock 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

The terms or abbreviations used in this section have the same meanings as those defined in the "Definitions" section of this prospectus.

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

  1. Matters related to this issuance of shares to specific targets via a simplified procedure have been deliberated and approved by the 2024 Annual General Meeting, which authorized the Board of Directors to implement them. Relevant matters have been approved by the 10th meeting of the 5th Board of Directors in 2025 and the 2nd meeting of the 5th Board of Directors in 2026. According to relevant laws and regulations, this issuance is subject to review and approval by the Shenzhen Stock Exchange and registration with the China Securities Regulatory Commission before implementation.

  2. The targets of this issuance are Nord Fund Management Co., Ltd., Caitong Fund Management Co., Ltd., Taikang Asset Management Co., Ltd., Jinan Hanxiang Investment Management Partnership (Limited Partnership), Huaan Securities Asset Management Co., Ltd., Jiangxi Chinese Media Blue Ocean International Investment Co., Ltd., Shenzhen Zeyuan Private Equity Fund Management Co., Ltd. - Zeyuan Multi-Strategy No. 1 Private Securities Investment Fund, Yu Yixiu, Xiamen Danjin Hengxin Private Equity Fund Management Co., Ltd. - Danjin Jinbolian No. 1 Private Securities Investment Fund, and Cheng Peng, with no more than 35 targets in total. All investors will subscribe for the shares issued by the Company in cash.

  3. Based on the subscription quotes and in strict accordance with the procedures and rules for determining the issue price, targets, and allocated share quantities as stipulated in the Subscription Invitation, the issue price is set at 12.59 RMB/share. The pricing benchmark date for this issuance is the first day of the issuance period (i.e., April 8, 2026). The issue price is not 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 preceding the pricing benchmark date = Total trading volume of shares for the 20 trading days preceding the pricing benchmark date / Total trading volume of shares for the 20 trading days preceding the pricing benchmark date).

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