300432SZSE
🚨 Material Event

Prospectus for Issuance of Shares to Specific Targets (Draft)

Fulin Precision Co., Ltd.··136 pages

✨ AI Summary

Fulin Precision Co., Ltd. is issuing shares to a specific target, CATL, to raise capital for project development. This issuance aims to strengthen the strategic partnership between the two companies and expand production capacity for lithium battery cathode materials. The company highlights risks including high customer concentration, raw material price volatility, and potential challenges in capacity digestion. The issuance remains subject to approval by the Shenzhen Stock Exchange and the China Securities Regulatory Commission.

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Full Translation

AI Translation· gemini_document

Stock Code: 300432 Stock Abbreviation: Fulin Precision

Fulin Precision Co., Ltd.

(No. 37, Phoenix Middle Road, High-end Manufacturing Industrial Park, Mianyang City, Sichuan Province)

Prospectus for Issuance of Shares to Specific Targets

(Draft)

Sponsor (Lead Underwriter)

CITIC Securities Company Limited

North Tower, Excellence Times Plaza (Phase II), No. 8 Center 3rd Road, Futian District, Shenzhen, Guangdong Province

June 2026

Statement

  1. The company and all members of the Board of Directors guarantee that the contents of this prospectus are true, accurate, and complete, and confirm that there are no false records, misleading statements, or major omissions. They commit to fulfilling their promises in accordance with the principle of good faith and assume corresponding legal liabilities.

  2. This prospectus is prepared in accordance with the "Administrative Measures for the Issuance of Securities by Listed Companies," the "Guidelines for Information Disclosure and Format of Companies Offering Securities to the Public No. 61 — Prospectus and Issuance Report for Issuance of Shares to Specific Targets by Listed Companies," and other requirements.

  3. Upon completion of this issuance of shares to specific targets, the company is solely responsible for changes in its operations and earnings; investors are solely responsible for investment risks arising from this issuance.

  4. This prospectus is the Board of Directors' explanation of this issuance of shares to specific targets, and any statement to the contrary is a false statement.

  5. If investors have any questions, they should consult their stockbroker, lawyer, professional accountant, or other professional advisor.

  6. The matters stated in this prospectus do not represent a substantive judgment, confirmation, or approval by the approval authorities regarding the matters related to this issuance of shares to specific targets. The effectiveness and completion of the matters related to this issuance are subject to the approval, verification, or registration of the relevant approval authorities.

Important Matters Notice

The company specifically draws the attention of investors to carefully read the full text of this prospectus before making investment decisions, and to pay special attention to the following important matters. At the same time, investors are reminded to carefully read the content of "Section VII: Risk Factors Related to This Issuance" in this prospectus and be aware of investment risks.

I. Major Risk Warnings

(I) Risks of Macroeconomic Policy and Industrial Policy Adjustments

The current macroeconomic environment contains many uncertainties, and the complex global political situation may lead to a slowdown in global economic growth, bringing certain uncertainties to the production, operation, and development expectations of enterprises. New energy vehicles, energy storage, and robots are strategic emerging industries strongly supported by the state. If relevant national support policies are adjusted in the future and the company fails to adjust its business strategy in a timely manner, its operating performance will be adversely affected.

(II) Risk of Intensified Industry Competition

The company has established long-term and stable cooperative relationships with many domestic and foreign original equipment manufacturers (OEMs) and still maintains significant technical and scale advantages in China. With the rapid upgrading of China's automotive industry, especially the increasingly obvious development trend of new energy vehicles, OEMs have higher and higher requirements for the technical performance of parts and components. If the company fails to meet the requirements of OEMs in terms of R&D, design, manufacturing, quality, production capacity, and timely supply, there is a risk that the company's products may not be able to enter the customer's procurement system or successfully open up new markets, thereby causing adverse effects on the company's operations.

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