300850SZSE

Luoyang Xinqianglian Slewing Bearing Co., Ltd. 2025 Annual Stock Issuance Prospectus (Draft)

✨ AI Summary

Luoyang Xinqianglian plans to issue stocks to specific investors to raise up to RMB 150 million for projects including wind power bearings and working capital. The issuance has been approved by the board and requires further regulatory approvals. The final pricing will be based on market conditions, with a maximum of 124,225,750 shares to be issued, representing 30% of the company's total shares.

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Full Translation

AI Translation· azure_openai

1. Stock Issuance Overview

1-1-1 Stock Abbreviation: Xinqianglian Stock Code: 300850
Luoyang Xinqianglian Slewing Bearing Co., Ltd. (No. 8 Yingyun Road, Luoxin Park, Economic and Technological Development Zone, Xin'an County, Luoyang City, Henan Province)
2025 Annual Stock Issuance Prospectus (Draft)
Sponsor Institution (Lead Underwriter) (No. 201, Wuxing Road, Shangcheng District, Hangzhou City, Zhejiang Province)
February 2026

1-1-1 Issuer Statement
The company and all directors and senior management personnel commit that the prospectus and other information disclosure materials do not contain any false records, misleading statements, or major omissions, and bear corresponding legal responsibilities for their authenticity, accuracy, and completeness. The person in charge of the company, the person in charge of accounting work, and the head of the accounting institution guarantee that the financial accounting data in the prospectus is true and complete. Any decisions or opinions made by the China Securities Regulatory Commission (CSRC) or the exchange regarding this issuance do not indicate a guarantee of the authenticity, accuracy, or completeness of the application documents and disclosed information, nor do they indicate a substantive judgment or guarantee regarding the issuer's profitability, investment value, or returns to investors. Any contrary statements are false and misleading. According to the Securities Law, after the securities are legally issued, changes in the issuer's operations and earnings are the issuer's responsibility. Investors should independently assess the issuer's investment value, make their own investment decisions, and bear the investment risks arising from changes in the issuer's operations and earnings or fluctuations in the securities price after the legal issuance of the securities.

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