Stock Abbreviation: Sihui Fuji
Stock Code: 300852
Sihui Fuji Electronics Technology Co., Ltd.
Registered Address: Xiya Lang, Longwan Village, Xiamao Town, Sihui City
Prospectus for Issuance of A-Shares to Specific Targets (Revised Draft)
Sponsor (Lead Underwriter): Guolian Minsheng Investment Banking Company Limited
(No. 8 Puming Road, China (Shanghai) Pilot Free Trade Zone)
August 2026
Statement
The Company and all directors, members of the Board Audit Committee, and senior management warrant that this prospectus and other information disclosure materials do not contain any false records, misleading statements, or major omissions, and bear 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 data in this 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.
Significant Matters Notice
The Company specifically reminds investors to pay attention to the following significant matters or risk factors and to carefully read the relevant chapters of this prospectus.
- Risks to which investors should pay close attention
The Company requests that investors carefully read the full text of the "Risk Factors" section of this prospectus and pay special attention to the following risks:
(1) Risk that project returns may fall short of expectations
The Company's proceeds from this issuance will be used for the "New Project for Annual Production of 5.58 Million Square Meters of High-Reliability Circuit Boards — Annual Production of 600,000 Square Meters of High-Layer and HDI Circuit Board Project (Phase I)." Upon reaching production, this project is expected to achieve an annual sales revenue (excluding tax) of 1,092.06 million RMB and an annual total profit (pre-tax) of 119.3704 million RMB. Future market environments and supply-demand relationships remain uncertain. If major adverse changes occur in the macroeconomy, industrial policies, or market demand during the implementation of the project, or if there is industry overcapacity, intensified competition, significant changes in product technology routes, ineffective market expansion, inability to meet downstream customer needs, or other force majeure events, the capacity digestion, product sales prices, and gross profit margins after the project is put into operation may be adversely affected, potentially leading to actual benefits falling short of expectations.
(2) Risk of digesting new capacity