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 Prospectus for Issuance of Shares to Specific Targets
(Registration Draft)
Sponsor (Lead Underwriter)
Zheshang Securities Co., Ltd.
(No. 201 Wuxing Road, Shangcheng District, Hangzhou City, Zhejiang Province)
July 2026
Issuer Statement
The Company and all directors and senior management warrant that the 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 institution guarantee the authenticity and completeness of the financial and accounting information in the prospectus.
Any decision or opinion made by the CSRC or the 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 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 caused by changes in the issuer's operations and earnings or fluctuations in securities prices after the issuance.
Major Matters Notice
The Company specifically reminds investors to pay attention to the following major matters or risk factors and to carefully read the relevant chapters of this prospectus.
I. Overview of the Issuance of Shares to Specific Targets
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The plan for the issuance of shares to specific targets has been reviewed and approved by the 20th meeting of the 4th Board of Directors and the 2026 1st Extraordinary General Meeting of Shareholders, and has been approved by the Shenzhen Stock Exchange. The issuance plan is still subject to registration approval by the CSRC before implementation.
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The targets for this issuance are no more than 35 (inclusive) specific investors who meet the conditions stipulated by the CSRC, including qualified securities investment fund management companies, securities companies, trust companies, finance companies, insurance institutional investors, qualified foreign institutional investors, and other legal persons, natural persons, or other qualified investors. Among them, securities investment fund management companies, securities companies, qualified foreign institutional investors, and RMB qualified foreign institutional investors subscribing with two or more products under their management are deemed as one target; trust companies as targets can only subscribe with their own funds.
The final targets will be determined by the Board of Directors, authorized by the General Meeting of Shareholders, after the issuance application is approved by the Shenzhen Stock Exchange and registered by the CSRC, in accordance with relevant regulations and based on the bidding results in consultation with the sponsor (lead underwriter). If there are new regulations by national laws, regulations, and normative documents regarding the targets, the Company will make adjustments accordingly. All targets for this issuance will subscribe for the shares at the same price and in cash.
As of the signing date of this prospectus, the Company has not yet determined the targets, and therefore cannot determine the relationship between the targets and the Company. Specific targets and their relationship with the Company will be disclosed in the issuance report announced after the completion of the issuance.